New Managing Director of State Bank of India

• Ram Mohan Rao Amara has been appointed as the Managing Director of State Bank of India (SBI).

• Ram Mohan Rao Amara has been appointed as the Managing Director in the bank for a period of three years.

• The SBI board is headed by a chairman who is assisted by four managing directors.

• Ram Mohan Rao Amara was serving as the Deputy Managing Director of SBI.

• The post fell vacant after CS Shetty became the chairman of the bank.