Arundhati Bhattacharya Salary, Early Life, Education, Personal Life, Professional Career Highlights, Policies and Honors

Published Date   08th Aug. 2017, 23:01 pm
Arundhati Bhattacharya Salary, Early Life, Education, Personal Life, Professional Career Highlights, Policies and Honors
Quick Info
Birth Name:Arundhati Bhattachary
Date of Birth:18/03/1956
Age: 62 years old
Nationality:Indian




The current Chairwoman of the State Bank of India, Arundhati Bhattacharya salary rose high as she established herself in banking career pretty well.

Synopsis

Born in 1956, Arundhati Bhattacharya is the first woman Chairperson of State Bank of India (SBI). She has served as Managing Director and CFO of State Bank of India for 3 months in 2013. Bhattacharya joined State Bank of India in 1977 as Direct Recruit Officer. Later, she served as Chief General Manager in Bangalore Circle. In addition to her career in State Bank of India, she also serves as a Director of Export-Import Bank of India. For the position she holds and successes she climbed, Arundhati Bhattacharya salary and recognition rose higher. Forbes magazine included her as 25th Most Powerful Women in the World in 2016.

Background and Early Life

Arundhati Bhattacharya was born on March 18, 1956 in Kolkata, West Bengal, India. She was born in a Bengali family to parents Prodyut Kumar Mukharjee and Kalyani Mukharjee. Her father used to work at Bokaro Steel Plant while her mother was a homeopathy consultant. She grew up in Bhilai. Bhattacharya is an Indian and currently is 61 years old.

Education and Personal Life

Talking about education, Bhattacharya went to St. Xavier’s School in Bokaro. Later, she went to Lady Brabourne College located in Calcultta where she studied English literature. Afterwards, she attended Jadavpur University from where she completed her Master’s degree. She is married to Pritimoy Bhattacharya.

Professional Career Highlights

22 year old Arundhati Bhattacharya salary started to grow as she joined SBI bank in 1977 as a probationary officer. She became the first woman to lead Fortune India 500 company based in India. Throughout her 36 year-long career, she held several positions in bank. She worked in foreign exchange, treasury, retail operations, human resources and investment banking.

Arundhati Bhattacharya salary grew as she held prestigious positions like Chief Executive in the State Bank of India Capital Markets. She also worked as chief general manager in charge of projects in addition to serving at bank’s office in New York.  The international placement gave Arundhati Bhattacharya salary a good rise and gave her exposure too.

Her professional career highlights include launching of several new businesses like SBI General Insurance, SBI Custodial Services, SBI Macquarie Infrastructure Fund and SBI Pension Funds Pvt. Ltd. After the chairperson of State Bank of India, Pratip Chaudhary retired in 2013; Arundhati Bhattacharya took over the position becoming the first woman chairperson of SBI.

Policies and Responsibilities

As the chairperson of SBI, Bhattacharya introduced 2 yearlong sabbatical leave policies for female employees of the bank. They could use the leave either as maternity leave or for elderly care. In addition, Bhattacharya proved to be caring chairperson as she announced free vaccine to female employees in the bank to prevent cervical cancer.

Honors and Recognition

With the introduction of easily adaptable policies and nurturing nature who bound SBI family in addition to working for its raise, Arundhati Bhattacharya salary did not only benefit. Her deeds and roles also benefitted her image as one of the world’s most powerful women.

Forbes ranked Bhattacharya 25th among Most Powerful Women in the World in 2016. Similarly, Foreign Policy magazine ranked her among FP Top 100 Global Thinkers in the same year. Fortune magazine ranked her 4th in the Most Powerful Women in Asia Pacific. Moreover, India Today magazine ranked her 19th among India’s 50 Most Powerful People in 2017.

Later Career in SBI

The remarkable personality, Arundhati Bhattacharya was to retire on October 2016; however, she was granted one year extension. The reason for her extension is her role in controversial merging of SBI’s 5 associate banks and Bharatiya Mahila Bank following gross non-performing assets rising to 73%.

Salary and Net Worth

According to the most recent data available, Arundhati Bhattacharya salary is 31.1 lakh Indian Rupees per annum, which equates to 48,789 US dollar. Therefore, the net worth of one of the most powerful women bankers in the world is quite high. However, the actual amount is not avialble.

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