Khurshed Dordi has been elected by shareholders as an Independent Director on the Central Board of State Bank of India (SBI), strengthening the bank’s leadership with a seasoned financial services executive who brings more than 30 years of experience across banking, governance, risk management, technology, operations and enterprise transformation.
In his new role, Dordi will contribute to the oversight of strategy, governance, risk, technology, talent development and long-term value creation as SBI continues its transformation in an increasingly digital financial environment.
As one of the world’s largest financial institutions, SBI serves more than 500 million customers and manages a balance sheet approaching US$1 trillion, with total business of approximately US$1.28 trillion. The appointment reflects the bank’s continued focus on strong governance, prudent risk management and sustainable growth.
Before joining SBI’s Central Board, Khurshed Dordi founded BD Consult, where he advises CEOs, founders, boards and leadership teams on governance, enterprise transformation, leadership development, organizational effectiveness, AI adoption, growth strategy and long-term value creation. He is also a Marshall Goldsmith Certified Leadership Coach and the author of Corporate Quicksand and The Art of Conversation.
Prior to establishing his advisory practice, Khurshed Dordi spent more than 20 years with Deutsche Bank, holding several senior leadership positions. Most recently, he served as Managing Director and Group Chief Operating Officer, Business Head for Global Capability Centres, and Interim CEO for India. In these roles, he oversaw governance, technology, risk management, regulatory affairs, operations, infrastructure and large-scale transformation initiatives.
Earlier at Deutsche Bank, he served as COO of Corporate & Investment Banking and Head of Corporate Bank for DB Centre. During this period, he led transformation programs, established centres of excellence, modernized wholesale banking operations and managed regulatory engagements across multiple markets.
He also held leadership roles including Head of Multinational Corporate Business for India and Global Business Manager – Corporate Bank & Treasury Solutions, where he managed strategy, governance, infrastructure, risk oversight and business operations across 38 countries.
Before joining Deutsche Bank, Dordi worked with ANZ Grindlays, supporting strategic planning and business analytics initiatives. He began his banking career at HSBC, gaining experience across private banking, treasury, finance and operations.
Over the course of his career, Dordi has built expertise in governance, regulatory engagement, operational resilience, strategic transformation, leadership development and institutional stewardship. His experience is expected to support SBI’s long-term objectives as it continues to drive financial inclusion and support India’s economic growth.
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