Arundhati Bhattacharya is the Chairman and Managing Director of State Bank of India. She is the first woman to ever hold this position in the largest bank of India. According to the 2016 rank of Forbes, she is the 25th Most Powerful Woman in the world. Obviously, Arundhati is a name to reckon with in the Indian business world. She is also being considered for the post of RBI – The Central Bank of India – Governor after controversial exit of ‘rockstar’ Raghuram Rajan.
Arundhati had replaced Pratip Chaudhary, another Bengali and quite an inspiring banker, on 30th September, 2013.
She was given a fixed tenure of 3 years – the first time in the history of SBI. It means that she will retire on 30th September 2016.
Profile of Arundhati Bhattacharya
Arundhati was born in Bhilai. Her father Mr. Prodyut Kumar Mukerjee was working with Bhilai Steel Plant as an Engineer. Her mother Ms. Kalyani Mukherjee was a Homeopathic doctor. After spending childhood, she was shifted to Bokaro, Jharkhand. Her mother started to practice Homeopathy here. She has done her schooling from Bokaro – St. Xavier’s School. After schooling , she took admission in Lady Brabourne College in Kolkata for BA in English Literature and later went to prestigious Jadhavpur University, Kolkata for MA (Eng. Lit.). This is the educational qualification of Arundhati Bhattacharya. It is quite surprising that the CMD of the largest lender of India has no MBA degree/diploma. However, it must be underlined that not having any MBA degree has not come on her way as she has always been a star performer in a variety of roles at SBI.
She had joined SBI as a probationary officer – PO – in 1978 and since then has donned many roles. She was also admired throughout business world for giving new identity to the SBI. Further, she was instrumental in launching many new and highly successful projects at the SBI, including SBI General Insurance, SBI SG Global Securities Services and SBI Macquarie Infrastructure Fund, among others. She had attracted attentions while transmogrifying SBI into a customer sensitive bank replete with latest technological innovations, like Mobile Banking.
Husband and Family of Arundhati
As mentioned Arundhati’s father was a SAIL employee and her mother was a homeopathic doctor.
She married Pritimoy Bhattacharya who was also an Engineer. Pritimoy had later joined IIT – Kharagpur as a professor. The couple has a daughter named Sukrita who was born in 1995.
It was really tough for the couple to look after their daughter. It becomes even more problematic because both of them were working at different locations – one was in Kharagpur and the other was in Mumbai. One of them was required to sacrifice career and Pritimoy decided to do that. He left job at IIT Kharagpur and started to look after Sukrita. Arundhati Bhattacharya had also said in an interview that the credit for her success goes to her family, particularly her husband and daughter, who were very understanding and with their immense support she could climb the ladder of success. Pritimoy has since become a software professional and has launched an IT company based in Kolkata.