Ashwini Kumar Tewari Re-appointed SBI Managing Director

The Central Government has re-appointed Ashwini Kumar Tewari as Managing Director of the State Bank of India, extending his leadership at the country’s largest public sector lender. The decision ensures continuity at the top management level as SBI navigates a phase of balance sheet consolidation, digital expansion and credit growth in a dynamic economic environment.

Tenure Extended Until Superannuation

According to a notification issued by the Department of Financial Services under the Ministry of Finance, Tewari’s re-appointment takes effect from the date he assumes charge. His tenure will now continue beyond the existing term ending on January 27, 2026, up to his superannuation on December 31, 2027, or until further orders, whichever is earlier. The move reflects the government’s confidence in his leadership and administrative experience.

Long Career Within State Bank of India

Ashwini Kumar Tewari began his banking career at SBI in 1991 as a probationary officer. Over more than three decades, he has held a range of operational and strategic roles across the bank. His steady rise through the organisation culminated in his elevation from Deputy Managing Director to Managing Director in January 2021. His career progression is often cited as an example of internal leadership development within India’s largest lender.

Previous Appointments and Extensions

Tewari was initially appointed as Managing Director for a three-year term in January 2021. Following the completion of this tenure, the government extended his term by two years in 2024, taking it beyond January 27, 2024. The latest re-appointment further extends his leadership period, ensuring stability in SBI’s top management during a critical phase of banking sector reforms and evolving regulatory expectations.

What to Note for Exams?

• Ashwini Kumar Tewari joined SBI as a probationary officer in 1991.
• He was appointed Managing Director of SBI in January 2021.
• His tenure is now extended until December 31, 2027.
• SBI is India’s largest public sector bank by assets.

Significance for SBI’s Strategic Direction

The re-appointment of Ashwini Kumar Tewari is expected to provide leadership continuity as SBI focuses on credit expansion, asset quality management and digital banking initiatives. His extended tenure aligns with the government’s broader objective of ensuring experienced leadership at key financial institutions, supporting stability and sustained growth in India’s banking system.