SBI hires former LIC finance head Sunil Agrawal as CFO (updated)
UPDATE 1-SBI hires former LIC finance head Sunil Agrawal as CFO Adds details paragraph 2 onwards
July 15 (Reuters) - India's largest lender, State Bank of India SBI.NS, on Wednesday appointed former Life Insurance Corporation LIFI.NS finance chief Sunil Ramgopal Agrawal as its chief financial officer-designate, with effect from August 1.
During his tenure at LIC, Agrawal oversaw the insurer's finance function and worked on financial planning, capital management, financial reporting, investor relations and regulatory engagement, SBI said.
The bank did not disclose details about current CFO Kameshwar Rao Kodavanti, who has held the role since July 1, 2023.
(Reporting by Surbhi Misra and Chandini Monnappa in Bengaluru; Editing by Vijay Kishore)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
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