The State Bank of India (SBI) has today (Monday - 7th October 2013) announced that the central Government of India has appointed Ms. Arundhati Bhattacharya as the chairperson of the India's largest bank. succeeding Pratip Chaudhuri who retired on September 30, she is the first ever lady chairman to head SBI in its 207-year history. The 57-year-old Bhattacharya, the front-runner for the post on account of years of service left, was managing director and chief financial officer of the bank prior to her elevation. Bhattacharya's elevation leaves one MD post vacant. She will be the Chairperson of the bank for a period of three years from today.
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