29 December 2013 Current Affairs
Pradeep Kumar is new MD of SBI
P. Pradeep Kumar has been appointed as the Managing Director (Corporate Banking) of State Bank of India (SBI) on 29 December. As one of the four managing Directors, he will look after the corporate banking portfolio of the bank. As per a Government of India’s notification P Pradeep Kumar will be the Managing Director and Group Executive (Corporate Banking) of SBI with effect from 27 December 2013. The position will be occupied by him till the end of October 2015.
Indian-American Renu Khator Named Deputy Chair of Dallas Federal Board
Renu Khator, the highest ranking Indian-American in the education sector and the Chancellor of University of Houston , has been named deputy chair of the Dallas federal reserve branch on 29 December for 2014. Khator served on the Dallasfedral board since 2011. Khator took the dual position of chancellor and president at University of Houston in 2008, becoming the varsity's first foreign-born president and the first Indian immigrant to head a comprehensive research university in the US.