SBI Cards and Payment Services Limited has appointed Rama Mohan Rao Amara as its new MD & CEO for a period of 2 years. Rao Amara is a veteran banker, with a successful career spanning over 29 years at State Bank of India, the credit card company. Prior to taking charge at SBI Card, he was the Chief General Manager (CGM), SBI Bhopal Circle.

Earlier this week, Ashwini Kumar Tewari had resigned from the post of Chief Executive Officer & Managing Director of SBI Card owing to his appointment as the MD of State Bank of India. 

SBI Card appoints Rama Mohan Rao Amara as new MD & CEO SBI Card appoints Rama Mohan Rao Amara as new MD & CEO