Shri S V Sastry, a graduate in Science from Government College, Anantapur (Andhra Pradesh) joined State Bank of India as a Probationary Officer on 01st October 1985. He retired from the services of the Bank on 30th September 2022 as Deputy Managing Director (Global Markets). During his career spanning 37 years, Shri Sastry held various assignments in the Bank-both in India and abroad.
After his initial banking stint in the North East at various Branches including as Branch Manager, he worked as a forex dealer between 1996 and 2003 in Mumbai. He held the position of Chief Dealer at SBI Frankfurt and Chief Dealer at SBI London between 2003 and 2008. As Deputy General Manager (Treasury Management Group) at the Bank’s Corporate Office in Mumbai, he was overseeing treasury operations of overseas offices between 2008 and 2011. As General Manager (Network II) in Ahmedabad Circle he was leading retail operations of around 400 branches. As General Manager (Forex) at the Banks’ Corporate Office in Mumbai he was overseeing the forex operations of domestic offices
Shri Sastry was MD & CEO of SBI DFHI Ltd., a subsidiary of the Bank and a Standalone Primary Dealer between November 2017 and May 2020. Thereafter he moved to head the domestic treasury operations of State Bank of India as DMD (Global Markets).
Shri Sastry was Chairman of FIMMDA between July 2020 and September 2022, wherein he had opportunities to interact with officials of RBI on a regular basis. For a major portion of his career in the Bank, he was associated with the markets both forex as well as Rupee.
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