SBI Reappoints Ashwini Kumar Tewari as Managing Director Till December 2027

State Bank of India has received approval from the Appointments Committee of the Cabinet for the reappointment of Ashwini Kumar Tewari as managing director, extending his tenure beyond its earlier end date in January 2026. 

Tenure Extension and Leadership Structure 

Ashwini Kumar Tewari will continue as managing director of SBI from January 27, 2026, to December 31, 2027. He currently oversees corporate banking and subsidiaries at the bank.  

Earlier this week, the government also appointed Ravi Ranjan as managing director with effect from December 15, 2025, until September 30, 2028. With this appointment, all 4 managing director positions at SBI are now filled under chairman CS Setty. 

Portfolio Allocation Among Managing Directors 

SBI’s leadership team comprises 4 managing directors with distinct responsibilities. Rana Ashutosh Kumar Singh handles international banking, global markets and technology, while Rama Mohan Rao Amara is responsible for retail business and operations.  

Ravi Ranjan will oversee risk, compliance and the stressed assets resolution group, alongside Tewari’s role in corporate banking and subsidiaries. 

Ashwini Kumar Tewari’s Professional Background  

Tewari brings over 3 decades of experience at SBI, having joined the bank in 1991 as a probationary officer. He has previously served as managing director and chief executive officer of SBI Cards and Payment Services.  

His international experience includes leading SBI’s US operations with oversight of branches in New York and Chicago, as well as senior leadership roles across East Asia. 

Read More: SBI Launches YONO 2.0 With Unified Mobile and Internet Banking! 

SBI Share Price Performance  

As of December 17, 2025, at 2:40 PM, State Bank of India share price is trading at ₹974.20 per share, reflecting a gain of 1.36% from the previous closing price. Over the past month, the stock has gained by 0.09%. 

Conclusion 

The reappointment of Ashwini Kumar Tewari provides continuity to SBI’s senior management, completing the bank’s managing director lineup for the coming years and reinforcing stability across its key business verticals. 

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