
Shri Rama Mohan Rao Amara
MD (Retail Business & Operations)
State Bank of India
Profile
Shri Rama Mohan Rao Amara took charge as the Managing Director of the State Bank of India (SBI) on 18th Dec 2024. He has been heading its Retail Business & Operations since December 01, 2025. As a MD (RB&O), he oversees retail banking business of SBI, which serves more than 530 million customers in India’s largest bank.
Prior to this, Shri Amara was MD responsible for International Banking, Global Markets and Technology wings in SBI. He also worked as Group Chief Risk Officer in the bank, where he strived to strengthen the enterprise-wide risk management framework.
As MD & CEO of SBI Card, a pureplay credit card company, for two and a half years, he steered the company successfully and improved its market position. He amassed international experience while handling key assignments in Singapore and the US.
An engineering graduate, Shri Amara also holds recognized financial credentials – CFA (Chartered Financial Analyst) and FRM (Financial Risk Manager).


