Mumbai November 4, 2015: P K Gupta takes charge of the new position as MD, State Bank of India. He will be handling the portfolio of Compliance and Risk. P.K. Gupta has been with the State Bank of India for over three decades, having joined the Bank in 1982. Prior to this position Gupta was Managing Director & Chief Executive Officer of SBI Capital Markets Limited (the Merchant Banking arm of State Bank of India) on 22nd June 2015. Prior to this, Gupta was the Deputy Managing Director and Chief Financial Officer (DMD & CFO) of the State Bank of India.

Gupta is a commerce graduate and a Company Secretary. He is an Associate Member of the Institute of Company Secretaries of India and an Associate of the Indian Institute of Bankers. He has also held various important assignments in the Bank in India and abroad.