SBI Card CEO resigns, Ashwini Kumar Tewari to take over
SBI Cards and Payments Services' MD and CEO Hardayal Prasad has resigned from the post owing to this voluntary retirement from the State Bank of India (SBI) and Ashwini Kumar Tewari has already been appointed the new MD and CEO.
In a regulatory filing today SBI Cards said that Prasad's resignation comes into effect from the close of business on July 31.
Ashwini Kumar Tewari will take over as the new MD and CEO of the Company with effect from August 1, 2020 for a period of two years.
The filing said that the board on yesterday approved the "appointment of Ashwini Kumar Tewari as Managing Director & CEO (nominated by State Bank of India) of the company with effect from August 1, 2020 for a period of two years, subject to all the requisite approvals including approval of the shareholders at the ensuing Annual General Meeting. This is to further confirm that Tewari is not related to any of the directors of the company".
Shares of the company on the BSE are currently trading at Rs 706.05, higher by Rs 14.15 or 2.05 per cent from its previous close..
Uttar Pradesh Chief Minister Yogi Adityanath on Saturday said that the Pakistan-Occupied Jammu and Kashmir…
The United Arab Emirates is emerging as a hardline critic of the Palestinian Authority at…
Tensions rode high during a United States House Committee meeting with lawmakers of the Republican…
Kazakhstan President Kassym-Jomart Tokayev chaired the 28th session of the Assembly of the People of…
As the mob violence against international students in Bishkek continues, the Indian Embassy in Kyrgyzstan…
Foreign Secretary Vinay Kwatra paid an official visit to the United Kingdom from May 16-17…