Prafulla Chhajed Retires As The Director Of The State Bank Of India

Prafulla P. Chhajed ceased to be the Director of the State Bank of India, effective December 20, 2024, on the completion of his term.

Chhajed is the President of the Confederation of Asian and Pacific Accountants (CAPA). He has held various leadership roles at The Institute of Chartered Accountants of India (ICAI), including President for 2019-20, Regional Council Member, and Chairman of WIRC. He chaired the Executive Committee of the World Congress of Accountants 2022, organised by IFAC. Chhajed has also served as an independent board member of IRDA, the audit committee Chairman of SBI Mutual Fund Trustee Company, and a member of SEBI’s Primary Market Advisory Committee. He is also the Chairman of the Finance, Banking & IT Committee at the Maharashtra Chamber of Commerce, Industry, and Agriculture.