New Delhi: J&Okay Financial institution on Wednesday introduced the appointment of Amitava Chatterjee, presently Deputy Managing Director of State Financial institution of India (SBI), as its new managing director (MD) and CEO. Chatterjee will substitute Baldev Prakash, whose time period involves an finish on December 29. The Board of Administrators of their assembly held on December 25, 2024, have appointed Amitava Chatterjee as Managing Director and Chief Govt Officer of the financial institution for a interval of three years to be efficient from December 30, 2024, J&Okay Financial institution mentioned in a regulatory submitting.

Chatterjee, in his banking profession spanning over greater than three a long time in various geographical places and strategic positions, additionally served as MD and CEO of SBI CAPS.

His various expertise contains heading the SBI’s operation as CGM New Delhi, circle and Jaipur Circle with high-end clientele like PSUs, NBFCs, and DISCOMs.

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