The central government on Monday ( 20 November 2023) appointed Vinay M Tonse as the Managing Director of the State Bank of India till November 30, 2025.

Before the appointment, Tonse was serving as the Deputy Managing Director at the PSU bank.

The Deputy Manager of the state-owned bank was recommended by the Financial Services Institutions Bureau (FSIB) for the senior post at SBI in September.  

About Vinay Tonse

He joined the State Bank of India as a Probationary Officer in 1988. Throughout his tenure, Tonse has worked at different locations in India, as well as abroad. In his career spanning more than 30 years, Tonse has led major assignments and projects of the State Bank of India. His career involves experience in different facets of commercial banking like corporate credit, treasury, retail, and international banking.