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SBI elevates eight CGMs to deputy managing director roles in reshuffle
Economy
Published on 30 April 2026

Eight top CGMs now lead key departments as retirements loom
State Bank of India has promoted eight Chief General Managers to Deputy Managing Director roles as part of its annual reshuffle. The newly appointed DMDs will take charge of departments being vacated due to scheduled retirements between June and September. SBI says the move is designed to maintain leadership continuity across critical banking functions and ensure smooth transitions.
- SBI promotes eight CGMs to Deputy Managing Director positions
- Appointments follow the bank’s annual reshuffle cycle
- New DMDs take over departments ahead of scheduled retirements
- Retirements are expected between June and September
Read the full story at The Economic Times
This summarization was done by Beige for a story published on
The Economic Times
