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Arundhati Bhattacharya
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Arundhati Bhattacharya
Former Chairman
State Bank of India
● Mumbai
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About

40+ years of rich experience in India's financial sector working across varied roles and diverse national & international locations. During her 4 years tenure as the first-ever woman Chair of the State Bank of India, a Fortune 500 company, she has stamped her imprint on the financial world in India and globally. She is credited with upscaling the Bank's technology initiatives to give this 212-year-old largest bank in India (22% market share) a digital edge that has been acknowledged by Industry as path-breaking. Her work in Human Resources with a special focus on the status of women and "challenged" members of the workforce, has also been of special significance. Under her leadership, the bank was adjudged one of India's top 3 Best Places to work in India by the leading Global Job site ‘Indeed' based on their 15 million reviews globally for the most highly rated reviews on overall employee experience. She also engineered the merger of the mother Bank with its six Associate banks creating an entity three times the size of its nearest competitor. The entire exercise was executed smoothly over six weeks and was credited with being an operation that was completed with minimal or no disruption of customer service across its network of 22000 branches and 56000 ATMs as well as over 5000 franchisee outlets.

Notable Appearances

Forbes magazine ranked her 25th in their list of "Most Powerful Women in the World" and 5th in "The Most Powerful Women in Finance" category in 2016. She has been outspoken in her views of not being driven by quarterly numbers to the detriment of long-term strategy and goals. She was MD & CEO of SBI's investment banking arm, SBI Capital Markets. Earlier, as Dy. Managing Director in SBI, she headed the largest Human Resources Department of the Banking Industry consisting of a workforce of over 200,000+ employees, which includes 65,000 officers. Ms. Bhattacharya is a postgraduate degree holder in English. She is also an Associate of the Indian Institute of Bankers.

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