SBM Bank India Appoints Ashish Vijayakar as MD and CEO.

Appointments | Dated: 20 Feb 2026

SBM Bank India has announced the appointment of Ashish Vijayakar as its new Managing Director and Chief Executive Officer (MD and CEO). The appointment has been approved by the Reserve Bank of India and marks a leadership transition for the foreign bank subsidiary.

🎯 Key Highlights:

  • Ashish Vijayakar brings over 25 years of experience in the banking sector.
  • He previously held leadership roles at Standard Chartered Bank.
  • SBM Bank India is a subsidiary of the State Bank of Mauritius.

💡 Other Important Facts:

  • Appointee: Ashish Vijayakar.
  • Role: MD & CEO.
  • Bank: SBM Bank India.

📚 Test Your Knowledge:

Who has been appointed as the new Managing Director and CEO of SBM Bank India?

Correct Answer: Ashish Vijayakar

🚀 Quick Recap:

About SBM Bank India

  • HQ – Mumbai
  • Parent – State Bank of Mauritius