Mr. Challa Sreenivasulu Setty took over charge as Chairman on November 12, 2024. He joined the Board of SBI as Managing Director in January 2020 and headed Retail & Digital Banking vertical from year 2020 till 2022 and International Banking, Global Markets & Technology portfolio of the Bank thereafter. He has also been heading various task forces / committees formed by the Government of India.

A Bachelor of Science in Agriculture and also, a Certified Associate of Indian Institute of Bankers, he started his career with State Bank of India in 1988 as a Probationary Officer. Across a career spanning over three decades, he has rich experience in Corporate Credit, Retail, Digital and International banking and banking in developed markets.

Shri Setty has held key assignments in State Bank of India in Stressed Assets Management, Corporate Banking, Mid-Corporate Banking, Global Markets, Technology and Syndications both in India and abroad.

He is also a Director in State Bank of India, SBI Foundation, SBI Capital Markets Limited, SBI Ventures Limited, State Bank Operations Support Services Private Limited, SBI Funds Management Limited, SBI General Insurance Company Limited, SBI Cards & Payment Services Limited, Exim Bank, Indian Institute of Banking and Finance and National Credit Guarantee Trustee Company Limited.