Bio

Shri Virendra Bansal assumed the role of Managing Director & Chief Executive Officer of SBI Capital Markets Limited (SBICAPS) in February 2024. Before this appointment, he served as the Country Head for the US Operations of SBI, overseeing offices in New York, Chicago, Los Angeles, Sao Paulo, and Washington DC. Previously, Shri Bansal held positions as the Chief Executive Officer of SBI New York Branch and Vice Chairman of SBI (California), a US Retail Banking subsidiary. He also contributed to SBI UK operations as Head of Trade and managed retail branches catering to high net worth customers. With a banking career spanning over 33 years, Mr. Bansal has accumulated extensive experience within State Bank of India in India and abroad. Beginning as a directly recruited Probationary Officer in 1990, he has undertaken significant roles across Credit, International Banking, and Retail Banking. Among his notable roles was Deputy General Manager & Relationship Manager at the Corporate Accounts Group of State Bank of India in Mumbai, where he oversaw relationships with major corporates, amounting to an aggregate credit exposure of approximately USD 8.00 billion. Mr. Bansal holds a Bachelor’s degree in Mechanical Engineering and is certified in Anti Money Laundering/Know Your Customer (AML/KYC) by the Indian Institute of Bankers.