MUMBAI: Arundhati Bhattacharya is the new chairperson of State Bank of India. Bhattacharya becomes the first woman chief of India’s largest bank. Previously, she was Managing Director and Chief Financial Officer of the bank.She is the first woman to be appointed to the top job at the country’s largest lender.

Prior to her elevation to the top job, 57-year-old Bhattacharya was managing director and chief financial officer of SBI. She succeeds Pratip Chaudhuri who retired Sep 30.

The government on Monday announced the appointment of Bhattacharya as the next chairperson of SBI for three years. Bhattacharya is also SBI’s chief financial officer. And, at least until finance minister P. Chidambaram cleared her appointment as chairperson on 25 September, her name was among the least mentioned as the next chief of the country’s biggest lender.