CS Setty tipped to be next SBI chief

Setty scored over other two contenders - Ashwini Kumar Tewari and Vinay M Tonse

- BENN KOCHUVEEDAN

CHALLA Sreenivasulu Setty, the senior-most managing director of the State Bank, is set to be the next chairman of the country's largest lender provided the government goes ahead with the recommendation of his name by the nodal selection body Financial Services Institutions Bureau (FSIB).

Setty, who has spent close to 36 years at the bank, has scored over the other two contenders Ashwini Kumar Tewari and Vinay M Tonse -- who are also the managing directors of the bank, at the interviews held Friday in Mumbai, the FSIB said in its website.

The interviews were earlier scheduled for May 21-22 but was called off at the last minute.

"The Financial Services Institutions Bureau has interfaced with three candidates on June 29, 2024, for the position of chairman in State Bank of India. Keeping in view their performance in the interface, their overall experience and the extant parameters, the bureau recommends CS Setty for the position," FSIB said in its website.