SBI Funds Management Ltd on has appointed Shamsher Singh as managing director and chief executive officer of the company.

• Before this he was deputy managing director at State Bank of India (SBI).
• He has taken over the charge from Vinay M Tonse following his repatriation to the public sector lender, the asset management company.  
• Singh has more than 32 years of rich experience working with SBI in various verticals, including investment banking, treasury, corporate banking and branch banking.
• He had joined SBI as probationary officer in June 1990 and moved up the ranks to become deputy MD by successfully managing leadership roles across domains besides serving international stints in the US, Bahrain and UAE.