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28 May 2001

1 June 2001

SBI promotes 18 officers
Mumbai--State Bank of India today promoted four of its chief general managers (CGMs) to the rank of deputy managing directors (DMD) and 14 general managers to CGMs.

Four new DMDs -- Chandan Bhattacharya, N K Puri, N Sadasivan and S Santhanakrishnan -- will assume charge as and when the posts fall vacant.

Bhattacharya, at present, handles personal banking, N K Puri international banking group, S Santhanakrishnan corporate accounts group and N Sadasivan heads Mumbai circle. There were 11 aspirants for the four DMD posts.

The list of CGMs includes Mythili Rangarajan, CEO of SBI's Tokyo operations, is the second woman executive to be elevated to this level in the bank. The first woman CGM Shanta Raghavan retired in 1998.