State Bank of India (SBI) has appointed Ravi Ranjan as its Managing Director, effective December 15, 2025, following a notification issued by the Department of Financial Services, Ministry of Finance, under the State Bank of India Act, 1955. He assumed charge on the same day and will serve in this role until his superannuation on September 30, 2028, or until further orders. As Managing Director, Ravi Ranjan will oversee critical portfolios including Risk Management, Compliance, and the Stressed Assets Resolution Group (SARG), as disclosed in SBI’s regulatory filing.

A seasoned banker with over three decades of experience, Ravi Ranjan began his career at SBI as a Probationary Officer in 1991. Over the years, he has held several senior leadership roles, including Deputy Managing Director – Global Markets, Head of the Corporate Accounts Group, and Chief General Manager of the Chennai Circle, overseeing operations across Tamil Nadu and Puducherry.

His leadership journey also includes serving as President and Chief Operating Officer at SBI Capital Markets, along with overseas assignments in Hong Kong and Los Angeles, where he gained deep exposure to international banking and debt syndications. His appointment reinforces SBI’s focus on strong governance, risk oversight, and balance sheet resilience.