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  1. SBI Chairman, Arundhati Bhattacharya bids Goodbye! Says will be around but not in banking

SBI Chairman, Arundhati Bhattacharya bids Goodbye! Says will be around but not in banking

As the Chairman of India’s largest bank -- State Bank of India -- Arundhati Bhattacharya’s term ends today, we bring you the parting words of the leader as she bids goodbye to her career at SBI.

By: | Published: October 6, 2017 1:44 PM
The outgoing chairman of State Bank of India, Arundhati Bhattacharya. (Image: Reuters)

As the Chairman of India’s largest bank — State Bank of India — Arundhati Bhattacharya’s term ends today, we bring you the parting words of the leader as she bids goodbye to her career at SBI. On being asked if she would continue in banking after retirement, the outgoing SBI chief Arundhati Bhattacharya said; “I don’t think that I will continue in area of banking but obviously I’m not going to hang up my boots.” Arundhati Bhattacharya said in today’s time 60 years is too early for retirement. “I’m past 60 I forget,” she said laughing, while adding, “… that doesn’t matter, there is so much of stuff to do. If you have the energy and willingness to do I think we can. So definitely, I will be around and I will be active, may not be directly in banking but yes I will be definitely doing some things.”

Expressing gratitude!

Arundhati Bhattacharya, who was listed as 25th most powerful women in the world by Forbes in 2016, completed her four-year-long term as the chairman of State Bank of India today. As the 24th chairman of India’s largest lender, SBI, Arundhati Bhattacharya said it’s been a matter of great pride to led an organisation like this one, it’s an opportunity that comes very rarely. The changes we have made in the way bank works and I’m sure this will show up in the future numbers, Arundhati Bhattacharya said in a press conference. The fact that government is very confident enough to give it to me during this time that also I have to thank them, she said. And for reposed trust in enabling me to complete the merger that is also something I’m grateful for, she added.

Quoteworthy

“I really hope going forward you will see the results of very hard work we had done in last few years that you’ll appreciate a number of changes we have brought within which probably are not reflected but will definitely come in near future,” Arundhati Bhattacharya said.

On unfinished agendas

Regarding the unfinished agenda, she said “there is never a position where you can say my agenda is finished and go. Because what happens is, you start with an agenda and as you go on, you keep adding to it, so there will have to be unfinished pieces of business. For instance, we were supposed to deliver on the digital front, something that is really different and that was supposed to be in sometime in July. Now it got delayed a little because the project scope has widened as we have gone along, we have wanted to this, we wanted to that, so the scope has widened. So this is something that will get delivered to you in next month.”

New chairman

Earlier on Wednesday, Rajnish Kumar was appointed as the new Chairman of the State Bank of India for three years. Rajnish Kumar, 59, is the senior most of the managing directors at State Bank of India, will become the 25th chairman of the country’s largest lender, succeeding Arundhati Bhattacharya.

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