![SBI Cards appointed Ashwini Kumar Tewari as its new MD & CEO.](https://focusmerit.com/wp-content/uploads/2020/07/ashwini-kumar-tiwari-300x187.jpg)
- SBI Cards and Payment Services has appointed Ashwini Kumar Tewari as its new Managing Director and chief executive officer.
- The new appointment will be valid for two years and his appointment will come into effect from August 1, 2020.
- He was nominated by parent State Bank of India for this position.