SBI appoints ex-Ujjivan Small Finance Bank CEO Nitin Chugh as DMD

State Bank of India (SBI) has appointed former Ujjivan Small Finance Bank CEO Nitin Chugh as Deputy Managing Director (DMD) to drive digital banking operations. He has been appointed to SBI for an initial term of three years, sources said.

Nitin Chugh is a former Ujjivan Small Finance Bank CEO. He has also served as the Group Head of Digital Banking at HDFC Bank.