SBI Capital Markets Appoints Rajay Kumar Sinha as MD & CEO

Rajay Kumar Sinha has been appointed as the Managing Director and Chief Executive Officer of SBI Capital Markets (SBICAPS), a fully-owned subsidiary and investment banking arm of State Bank of India (SBI), beginning July 14, 2023. He replaced Amitava Chatterjee.

Rajay Kumar Sinha was previously in charge of SBI’s Treasury operations, handling the bank’s investment portfolio, money market, equities, and exchange activities. Sinha’s knowledge of the international market will aid SBICAPS’ investment banking division both domestically and internationally. He joined SBI in 1991 as a probationary officer and has experience in banking areas like retail, international banking, and treasury Banking.