SBI Card appoints Ashwini Kumar Tewari as Managing Director & CEO

Leaders in card payment SBI Card has announced the appointment of Ashwini Kumar Tewari as its new Managing Director & CEO of the company.

In a filing with the NSE, SBI Card said, “The Board of Directors of the company at its meeting held on Wednesday 15, 2020 has approved the resignation of Hardayal Prasad, MD & CEO of the company, and has tendered his resignation from directorship of the company with effect from 31 July 2020, owing to his voluntary retirement from the State Bank.”

“The board has appointed Ashwini Kumar Tewari as Managing Director & CEO of the Company with effect from August 1, 2020, for two years,” the filing added.