Ashwani Bhatia Appointed as Managing Director of SBI Nitin Yadav 5 years ago Ashwani Bhatia Appointed as Managing Director of State Bank of India (SBI). He succeeds PK Gupta, who superannuated on March 31, 2020.Ashwani Bhatia is currently serving as MD and Chief Executive Officer(CEO) at SBI Mutual Fund.