Arundhati Bhattacharya (Indian, born in 1956) has 39 years of rich experience in India’s financial sector working across varied roles and diverse national & international locations. Taking over as the first-ever woman Chairman of State Bank of India, a Fortune 500 company, she has stamped her imprint in the financial world not just in India but globally as well.
Bhattacharya has expertise and deep understanding of all aspects of banking spanning credit, forex, treasury, retail operations, mergers and acquisitions besides the capital & bond markets.
Before taking charge as Managing Director, 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 work force of over two lakh employees, which includes 65,000 Officers.
In her extensive service in the Bank, she has had the opportunity of working in Metro, Urban and Rural areas across the length and breadth of the country. She has handled forex, treasury, retail operations, HR and investment banking portfolios and large Corporate Credit. As Chief General Manager (New Businesses), Mrs. Bhattacharya was involved in setting up several new companies / initiatives of the Bank including SBI General Insurance, SBI Macquarie Infrastructure Fund, SBI SG Securities Ltd, etc., as well as the launch of new IT platforms such as Mobile Banking and Financial Planning in the Bank. As Chief General Manager, Bengaluru Circle, she took keen interest in promoting Financial Inclusion and financing of Self Help Groups. She also had a stint in the Bank’s New York office where she was in charge of monitoring branch performance, overseeing External Audit and Correspondent Relations.
Under her leadership, Global Finance Magazine from USA has adjudged State Bank of India as (i) Best Bank in India, (ii) Best Trade Finance Providers in India and (iii) Best SubCustodian. The same Magazine has adjudged State Bank of India as Best Bank in India (Emerging Economy) Asia-Pacific. Forbes magazine has 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 also been featured in the Fortune List of Top 50 globally most powerful women in business and ranked among the top 5 in the Asia-Pacific region.
Her interests include reading and travel. She is also associated with various initiatives and institutions for empowering the challenged and differently abled with the aim of integrating them in the society.