SBI Mutual Fund appoints Ashwani Bhatia as MD, CEO

SBI Mutual Fund appoints Ashwani Bhatia as MD, CEO

Agency News

Mumbai, Sep 5: SBI Mutual Fund on Wednesday announced the appointment of Ashwani Bhatia as the MD & CEO of SBI Funds Management Pvt Ltd.

Mr Bhatia takes over as the MD & CEO, from Anuradha Rao, who now returns to the State Bank of India (SBI) as Dy Managing Director. A BSc and MBA graduate, Mr Bhatia started his career with State Bank of India as a Probationary Officer in 1985. Over his tenure of 33 years with the State Bank of India, Mr Bhatia has traversed through various functions and assignments possessing rich experience in various facets of commercial banking such as Forex and Treasury, Retail Credit & Liability and SME/Corporate Credit.

Before joining SBI Funds Management Private Limited, he was in charge of revamping the entire Credit Structure and processes of the Bank. He has also been associated with SBI Capital Markets Limited, as President & Chief Operating Officer and Whole Time Director.

Commenting on the appointment, Mr Bhatia said 'It is indeed a privilege to be a part of SBI Mutual Fund. It is a huge responsibility to oversee its future growth and work continuouslytowards offering best-in-class products and services to investors through a process driven approach which is high on transparency, convenience and value creation.' (UNI)