FSIB to Conduct Interviews for Next SBI Chairman

FSIB, in charge of selecting directors for state-owned banks, will interview candidates for the State Bank of India (SBI) chairman position. The interviews scheduled for last month were postponed. Three of four serving managing directors of SBI are eligible for the interview on June 29.

The Financial Services Institutions Bureau (FSIB), responsible for finding directors for state-owned banks, is set for interviews to determine the next State Bank of India (SBI) chairman. Initially postponed last month, the crucial interviews will now be held on June 29, sources revealed.

Three of the four current managing directors at SBI are eligible to participate, with the exception of Alok Kumar Choudhary, who will retire on June 30. The new chairman will replace Dinesh Kumar Khara, set to retire on August 28 upon reaching the age limit of 63.

FSIB, overseen by Bhanu Pratap Sharma, will recommend a candidate to the Appointments Committee of the Cabinet, chaired by Prime Minister Narendra Modi. The selection panel includes top government officials and former banking executives.

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