SBI appoints Kameswara Rao Kodavanti as new CFO, part of the bank for 32 years
SBI has appointed its new Chief Financial Officer today. The country's largest bank today appointed Kameshwar Rao Kodavanti as the Chief Financial Officer (CFO). Today we are telling you why SBI has appointed a new CFO and when has he been associated with SBI.
The country's largest bank State Bank of India (SBI) has got a new Chief Financial Officer today. Today SBI has appointed Kameshwar Rao Kodavanti as Chief Financial Officer (CFO).
Let us tell you that Charanjit Surinder Singh Attra, who held the post of CFO of SBI, has resigned from his post, after which SBI appointed Kameshwar Rao Kodavanti as the new CFO of the bank.
State Bank of India appointed Charanjit Singh Attra as its CFO with effect from 01 October 2020 after which Charanjit Singh Attra tendered his resignation on 30th June after three years.
Kameswara Rao Kodavanti is working with the State Bank of India since August 1991 and has vast experience in the field of Banking, Foreign Exchange, Finance, and Accounting. Let us tell you that the Chief Financial Officer is a Chartered Accountant.
According to the data released by SBI in May, the bank earned a net profit of 83 percent in the last quarter of FY23.
SBI's net profit increased by 83 percent to Rs 16,694.51 crore from Rs 9,113 crore in the same quarter of FY 2021-22.
