SBI’s CS Setty is chairman of Indian Banks’ Association

CS Setty

The Indian Banks’ Association (IBA) has picked State Bank of India (SBI) chief CS Setty as its new chairman.

The decision was taken during a meeting of the managing committee on March 28, a press release said.

Setty will serve as the IBA chairman until the next Annual General Meeting (AGM), leading the grouping that represents the interests of the banking sector.

The committee also elected three deputy chairpersons including A Manimekhalai, MD & CEO, Union Bank of India, Swarup Kumar Saha, MD & CEO, Punjab & Sind Bank and  Madhav Nair, Country Head & CEO-India, Bank of Bahrain & Kuwait BSC.

B Ramesh Babu, MD & CEO of Karur Vysya Bank, has been appointed the honorary secretary of the association, the release said.