State Bank of Mysore has informed that State Bank of India has appointed Sharad Sharma as managing director of the bank for a period of two years from date of his assuming charge vide gazette notification July 23, 2012. Accordingly, Sharad Sharma has assumed charge as managing director of the bank with effect from August 13, 2012.
Further, the bank's previous managing director Dilip Mavinkurve retired from the service on attaining superannuation on March 31, 2012.
The above information is a part of company's filings submitted to BSE.