Agency News

Latest News | SBI Card Appoints Salila Pande as MD & CEO from April 1

Get latest articles and stories on Latest News at LatestLY. SBI Cards and Payment Services on Monday said its board has appointed Salila Pande as the Managing Director & CEO with effect from April 1, 2025.

Latest News | SBI Card Appoints Salila Pande as MD & CEO from April 1

New Delhi, Feb 17 (PTI) SBI Cards and Payment Services on Monday said its board has appointed Salila Pande as the Managing Director & CEO with effect from April 1, 2025.

The appointment of Pande, who has been nominated by State Bank of India, will be for a period of two years, SBI Card said in a filing to the BSE.

Also Read | What Is Credit Card Scam? As Chandigarh Man Duped of INR 9 Lakh, Learn About This New Online Fraud and How To Be Safe.

The board has approved the appointment of Pande pursuant to the superannuation of Abhijit Chakravorty from the services of State Bank of India from March 31, 2025, it said.

Pande is a Chief General Manager at the State Bank of India. She is a career banker and had joined the SBI in 1995 as a probationary officer, and has been with the country's largest banking group since then.

Also Read | What Is 'Fake Number' or 'Fake Website' Scam on Google? How Can You Protect Yourself From Scammers?.

Pande is a post graduate in physics, a Certified Financial Risk Manager (FRM by GARP, USA) and a Certified Associate of the Indian Institute of Bankers.

Shares of SBI Cards and Payment Services Ltd closed at Rs 853.75, down 0.56 per cent over previous close on the BSE.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)