Challa Sreenivasulu Setty Biography

Challa Sreenivasulu Setty, also known as Challa Setty, is a distinguished banker known for his contributions to the financial sector.

Challa Sreenivasulu Setty Age, Family, Biography, & more

Born on September 26, 1965 (Sunday), he has carved a notable career path, although specific details about his personal life, including his marital status, are not publicly disclosed. Setty’s professional journey highlights his expertise and leadership within the banking industry, reflecting his commitment to financial excellence and innovation.

Early Life

Challa Sreenivasulu Setty, widely known as Challa Setty, hails from Peddapothulapadu, Telangana, India. His early life was shaped by his father, who owned a grocery store. Setty attended Mandal Parishad Upper Primary School in Alampur, Telangana, until the 7th grade. Later, he pursued higher education and earned a Bachelor of Science degree in Agriculture. His upbringing laid the foundation for his eventual career in the banking sector, where he has made significant strides and contributions.

Education

Challa Sreenivasulu Setty, also known as Challa Setty, attended Mandal Parishad Upper Primary School in Alampur, Telangana, up to the 7th grade. He later pursued and obtained a Bachelor of Science degree in Agriculture as his educational qualification.

Age

Challa Sreenivasulu Setty, also known as Challa Setty, was born on September 26, 1965 (Sunday), in Peddapothulapadu, Telangana, India. As of 2024, he is 59 years old. His zodiac sign is Libra, and he holds Indian nationality.

Physical Stats

Challa Sreenivasulu Setty, also known as Challa Setty, stands at approximately 5′ 6″ (168 cm) tall, with black eyes and black hair.

Wife

Details regarding Challa Sreenivasulu Setty’s wife and children are not publicly known.

Family

Challa Sreenivasulu Setty, also known as Challa Setty, is the son of a father who owned a grocery store (deceased), though his mother’s name is not known. He has one brother and no sisters.

Challa Sreenivasulu Setty Picture

Career

Challa Sreenivasulu Setty, also known as Challa Setty, has forged a distinguished career in the banking sector. He has held various key positions, demonstrating expertise and leadership in financial management and operations. Setty’s career trajectory includes significant roles that have contributed to the strategic growth and development of banking institutions. His commitment to excellence and innovation has earned him recognition within the industry, reflecting his dedication to advancing financial services and enhancing customer experience.

Net Worth

Challa Sreenivasulu Setty’s net worth is not publicly known.

Some Lesser Known Facts About Challa Sreenivasulu Setty

• At the age of 12, Setty began spending his school vacations collecting debts for his father’s grocery store in the village of Peddapothulapadu.
• Challa Sreenivasulu Setty hails from a family of rural moneylenders in Telangana.
• Challa Sreenivasulu Setty, also known as Challa Setty, earns an approximate salary of Rs. 37.09 lakhs per annum as of 2024. His net worth, however, is not publicly known.
• During harvest season, Setty would visit the 150 households in the village to collect money owed by farmers from earlier in the year. He and his brother each had a list of debtors and would go door-to-door to recover the cash.
• From 2021 to 2022, he served as a member of SBI’s Executive Committee of the Central Board, Audit Committee of the Board, Stakeholders Relationship Committee cum Customer Service Committee of the Board, Risk Management Committee of the Board, Board Committee to Monitor Recovery, and Special Committee of the Board for Monitoring of Large Value Frauds.
• From 2021 to 2022, he served as the Chairman of the Corporate Social Responsibility Committee and SASF Trust, Director of the SBI Foundation, and Executive Trustee of the SBI Pension Fund.
• He also served as a member of SBI General Insurance Co. Ltd.’s Bancassurance Committee and General Council of the National Co-operative Development Corporation (NCDC) from 2021 to 2022.
• He completed his bachelor’s degree at a college in Rajendranagar, Telangana.
• He has held many other positions at the State Bank of India, including Deputy Managing Director of the Stressed Assets Resolution Group, Chief General Manager and General Manager in the Corporate Accounts Group, Deputy General Manager in the Mid-Corporate Group and Vice President & Head of Syndications at SBI’s New York Branch.
• On 1 April 2020, he was assigned to oversee Retail and Digital Banking. Later, he also managed the International Banking, Global Markets, and Technology divisions.
• On 20 January 2023, he was reappointed as the Managing Director of the State Bank of India in Mumbai.
• Setty joined the State Bank of India as a Probationary Officer in 1988.
• Setty was appointed as the Managing Director of the State Bank of India in Mumbai on 20 January 2020. He served in the position till 19 January 2023.

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