Mr. Ritesh Sinha, General Manager at Financial Institutions Group (FIG) in International Banking Group of State Bank of India (SBI), represents SBI, one of the promoters of Nepal SBI Bank Ltd., on the Board of Nepal SBI Bank Ltd. from 5^th January 2025. As the General Manager of FIG, Mr. Sinha is looking after Bank’s initiatives under Correspondent Relationships and Financial Institutions Group, Treasury Management Group and Global Payment Systems.

In his previous roles, Mr. Ritesh Sinha, has served as Chief Financial Officer in SBI Payment Services Pvt. Ltd., a merchant acquiring JV of SBI from January 2020 to June 2024, working for promotion of digital payments and transformation of payment systems in India. He has also served as Head (Treasury) in SBI Canada from November 2015 to November 2019, heading Treasury and Investment vertical of SBI Canada operations and managing liquidity and profitability of the Bank as part of the Senior Management.

In his banking career spanning more than 27 years in State Bank of India, he has worked in various capacities both in India and abroad. Mr. Sinha has had prior two foreign assignments - at Mustafa Sultan Exchange Co., Muscat and as Vice President (Treasury) at SBI Canada Bank. He has diverse experience at various verticals of the Bank including retail banking, treasury, forex, derivatives, investments, liquidity management, payment systems and digital banking among others.

Mr. Sinha is a Science Graduate. He is also a Post Graduate Diploma in Business Administration (PGDBA) with specialisation in Finance and is a Certified Associate of Indian Institute of Bankers (CAIIB). He also holds Financial Risk Management (FRM) certification from Global Association of Risk Professionals (GARP), USA and certification in Commercial Credit from Moody’s Analytics among others. He is a Certified Anti-Money Laundering Specialist (CAMS) (2015) from ACAMS, USA.