BANKING AND FINANCIAL INSTITUTIONS

Mr. O P Bhatt

Mr. O P Bhatt is the Chairman of State Bank of India. As Chairman, he is not only the Chief Executive of India's largest commercial bank, he is also the head of the entire State Bank Group which consists of 8 domestic and 5 international banking subsidiaries, besides 10 non-banking subsidiaries, and 2 Joint Ventures.

He began his banking career in 1972 as a Probationary Officer with State Bank of India and since then has held a string of critical assignments as General Manager, Chief General Manager and Deputy Managing Director. In view of his successful handling of these critical assignments, Government of India selected Mr. Bhatt for appointment as Managing Director of State Bank of India where he was given charge of the Bank's National Banking Group, which handles the entire retail portfolio of the Bank.

He was also posted as Bank's Representative at Washington D.C in 1997 where his duties included maintaining rapport with FRB, FDIC, US Exim, Indian Embassy, American banks, World Bank, IMF. He was also responsible for arranging money market lines for our foreign offices, arrangement of syndicated/ project finance loans etc.