Mumbai – SBICAP Securities Ltd. (SSL), a group company of the State Bank of India (SBI), has appointed Ms. Bhuvaneshwari A. as its new Managing Director & Chief Executive Officer, effective November 1, 2025. A seasoned SBI veteran with over three decades of experience, she brings a strong record of driving transformation, innovation and inclusive growth across the banking ecosystem.
At SBI, Ms. Bhuvaneshwari is known for building inclusive, high-performing teams and delivering customer-first transformation across retail banking, wealth and digital. Beginning her journey as a Probationary Officer in 1994, she has led diverse and high-impact roles across the organisation.
At the SBI Corporate Centre, she served as General Manager – Redesign Studio, leading initiatives that enhanced operational excellence and improved employee and customer experience. Most recently, as Chief General Manager of SBI’s Thiruvananthapuram Circle, she oversaw over 1,200 branches, driving strong growth in retail credit, deposits and market share.
Her proven ability to build strong teams, drive digital growth and nurture talent makes her the right leader to take SBICAP Securities into its next phase of growth. Her appointment reinforces the company’s commitment to empowering Indian households with greater financial choice and access.
Commenting on her new role, Ms. Bhuvaneshwari said:
“I am honoured to lead SBICAP Securities at this pivotal juncture. With the SBI Group’s legacy of trust and innovation as our foundation, my vision is to position SBICAP Securities as a digitally driven, customer-centric and innovation-led investment services company. We will strengthen our technology platforms, expand our product suite and deepen customer engagement, while democratising research for every investor and empowering our teams to unlock their full potential in serving customers better – all with the highest standards of governance and transparency.
Ms. Bhuvaneshwari holds a Postgraduate degree in Public Administration and is a Certified Associate of the Indian Institute of Bankers as well as a Certified Financial Planner.
