State Bank of India has unveiled the list of eight validly nominated candidates for the upcoming election of directors to its Central Board. The election is scheduled to take place during the General Meeting of Shareholders on May 15, 2026. Candidates have been nominated in accordance with the State Bank of India Act, 1955, and have submitted necessary declarations and undertakings regarding their professional qualifications and governance compliance.
General Meeting Details
The State Bank of India will hold its General Meeting of Shareholders on Friday, May 15, 2026, at 03:00 PM. The event will be hosted at the State Bank Auditorium in Mumbai, with provisions for shareholders to participate through Video Conferencing (VC) or other audio-visual means. The primary agenda of the meeting is to elect four directors to the bank’s Central Board under Section 19(c) of the State Bank of India Act, 1955.
Profile of Nominated Candidates
Eight professionals have been validated as candidates for the board positions. The nominees represent a diverse range of expertise in finance, banking, insurance, and law:
- Shri Arun Ananth Kamath: A Chartered Accountant with over 30 years of experience in global banking and compliance.
- Shri K R Ashok: A veteran insurance professional with 36 years at LIC, specializing in actuarial and administrative roles.
- Shri Dharmendra Singh Shekhawat: A Chartered Accountant with extensive experience in audit, finance, and rural economy.
- Shri Khurshed Rustom Dordi: A banking industry veteran with expertise in corporate and investment banking and enterprise transformation.
- Shri Deepak Arora: A qualified Company Secretary and Insolvency Professional with expertise in corporate and industrial laws.
- Shri Sandeep Natwarlal Shah: A Chartered Accountant with over 44 years of professional experience in audit and M&A.
- Dr. Sandhya Shekhar: An expert in IT strategy, innovation, and digital transformation with board-level experience.
- Shri Sanjay Kapoor: A Chartered Accountant with over 33 years of experience in consulting and financial literacy.
Next Steps
The comprehensive details of these candidates, including their full professional backgrounds and qualifications, have been made available to the public via the official bank website. Shareholders are encouraged to review these disclosures ahead of the election on May 15, 2026, to ensure informed participation in the board selection process.
Source: BSE
