SBI Card, the credit card division of the State Bank of India, has appointed Vijay Jasuja as its new chief executive officer.
Jasuja replaces Pallav Mohapatra, who has moved to the bank, Zee News reported quoting a PTI report.
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Jasuja has over three decades of experience in the banking industry.
The appointment comes on the heels of the report that State Bank of India, the country’s biggest public sector lender, is planning to add up to 5,000 ATMs in the fiscal year 2015.
SBI Card recorded a substantial growth in fiscal year 2013-14 in terms of new customer acquisitions and spends on cards and is now the third largest issuer in India.
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