New Delhi, Apr 1 (UNI) SBI Card, India’s largest pure-play credit card issuer on Tuesday announced that Ms. Salila Pande has taken charge as the company’s Managing Director and Chief Executive

Officer.

Ms. Pande is a seasoned banker with a successful career spanning almost three decades at the

State Bank of India (SBI). She has held several key leadership positions both in India and

abroad. Prior to taking charge of SBI Card, Ms. Pande was the Chief General Manager, Mumbai

Metro Circle where she spearheaded the retail business of the Bank’s key financial market. In her

earlier role as President & CEO of SBI California, she skillfully steered the Bank’s growth amidst

an uncertain economic environment during COVID-19, among others.

Commenting on the appointment, Mr. Challa Sreenivasulu Setty, Chairman, State Bank of

India, said: “I am happy to welcome Ms. Salila Pande as the MD & CEO of SBI Card and I am

sure that under her leadership, SBI Card will continue to innovate, expand and create value for all

stakeholders. I wish her all the best.”

Ms. Salila Pande, MD & CEO, SBI Card, said: “I am honoured to take on the role and lead SBI

Card at this transformative juncture.

Over the years, Ms. Pande has managed critical assignments for SBI across its domestic and

international operations.

A Gold Medalist in M.Sc. (Physics), she has earned financial accreditations, including, FRM and

is a Certified Associate of Indian Institute of Bankers (CAIIB). She has also served on the board

of SBI California as an Executive Director.

SBI Cards and Payment Services Limited (“SBI Card”) is a non-banking financial company that

offers extensive credit card portfolio to individual cardholders and corporate clients. It provides

lifestyle, travel & fuel, rewards, and banking partnership cards along with corporate cards

covering all major cardholder segments in terms of income profile and lifestyle.

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