Mr. S Viswanathan has been appointed as the new Managing Director of largest public sector lender, State Bank of India by the central government.

He was the Deputy Managing Director (Mid Corporates) of the bank prior to this post.

State Bank of India has four MDs after the appointment of Mr. Viswanathan. The other three Managing Directors of SBI are Mr. Hemant Contractor, Mr. Diwakar Gupta and Mr. A Krishna Kumar.