The State Bank of India (SBI) has announced the appointment of Baldev Prakash as its Deputy Managing Director and Group Chief Risk Officer. This move comes after Prakash completed his three-year tenure as the Managing Director and Chief Executive Officer of Jammu and Kashmir Bank in December.
In addition, SBI has entrusted Shiva Om Dikshit with a new role as Deputy Managing Director, Operations-Channel Management, further strengthening its leadership team.
Baldev Prakash brings over 30 years of extensive banking experience across various roles in small and large SBI branches. His expertise spans national-level policy-making and strategising in critical banking areas at SBI, along with international exposure to remittance business and treasury operations during his tenure in Muscat, Oman.
Also Read | SBI Funds Management Limited Names Nand Kishore as MD & CEO
These developments underscore ongoing efforts to bolster risk management, operational efficiency, and regulatory compliance within the Indian banking sector.
