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Indian Economy - Understanding the basics of Indian economic system

30-Jan-21

Rama Mohan Rao Amara Takes Charge As New MD and CEO Of SBI Card

SBI Cards and Payment Services (SBI Card) has appointed Rama Mohan Rao Amara as the new MD & CEO of the company.
His appointment is with effect from January 30, 2021 for a period of two years subject to all the requisite approvals including that of the shareholders.
Amara takes over from Ashwini Kumar Tewari.
Amara is a veteran banker, with a successful career spanning over 29 years at State Bank of India (SBI).
Prior to taking charge at SBI Card, he was the Chief General Manager, SBI Bhopal Circle, where he managed two key states, Madhya Pradesh and Chhattisgarh.
Amara started his banking career with SBI in 1991 as a probationary officer. He has expertise in field of credit, risk, and International Banking, both, in India and abroad.
He has had two foreign postings, first in Singapore and later at the US, as CEO of Chicago branch and then as the President and CEO of SBI California. He holds a bachelor's degree in engineering.

By: Rohit Middha

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