State Bank of India, the largest lender in the country announced the appointment of Kameshwar Rao Kodavanti, who has been with the bank since 1991, as its Chief Financial Officer (CFO).
Kodavanti replaces Charanjit Surinder Singh Attra who has resigned from the post.
“Kameshwar Rao Kodavanti has been appointed as CFO of State Bank of India with effect from July 1, 2023,” the country’s largest lender said in a filing to stock exchanges.
As the new CFO, Kameshwar Rao Kodavanti will assume responsibility for overseeing the financial operations of State Bank of India.
This crucial role involves managing and optimizing the bank’s financial resources, developing and implementing financial strategies, ensuring compliance with regulatory requirements, and providing insights to drive strategic decision-making. Kodavanti’s experience and knowledge in banking, forex, finance, and accounting will be instrumental in addressing the challenges and opportunities in the ever-evolving financial landscape.
He has been working with State Bank of India since August 1991 and has experience in the fields of banking, forex, finance, and accounting. He is a qualified chartered accountant.
