Mumbai: R Sridharan will be taking over as Acting Chairman of the country's largest lender State Bank of India from O P Bhatt, who superannuated. Sridharan, who currently serves as the Managing Director and Group Executive (Associates and Subsidiaries) at the bank will take over as Acting Chairman from April 1, according to a source close to the development. He started his career in State Bank of India in 1972, the same year as Bhatt, and has been with the top lender throughout. Sridharan, a graduate from the University of Madras, had taken over his current position in December 2008. The Ministry of Finance has reportedly zeroed in on Deputy Managing Director Pratip Chaudhuri as Bhatt's successor, but with a formal announcement not yet made, it has appointed an Acting Chairman.
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