Mumbai, Maharashtra, India, July 2026 — SBI Funds Management Limited has announced the appointment of Debasish Mishra as its Managing Director & Chief Executive Officer. In his new role, he will lead one of India’s largest asset management companies, driving long-term value creation for investors, partners, and stakeholders while strengthening the organization’s leadership in the mutual fund industry.
Debasish brings over three decades of leadership experience in banking, business strategy, technology, and financial services. Prior to this appointment, he served as Deputy Managing Director at State Bank of India, where he operated at the director level, contributing to the bank’s strategic leadership and business transformation initiatives.
During his distinguished 16-year tenure at State Bank of India, Debasish held several senior leadership positions. As Chief General Manager, he led the Delhi NCR, Uttarakhand, and Western Uttar Pradesh business, overseeing a portfolio serving 370 million customers, managing an US$82 billion business book, more than 1,600 branches, and a workforce of 17,000 employees. Earlier, as General Manager – Business Solutions, he led business transformation initiatives, while as Deputy General Manager, he headed the MSME business. He also served as Assistant General Manager and earlier as Head – Systems and IT, gaining extensive experience across business operations, technology, digital transformation, and banking leadership.
Debasish is a Chevening Scholar and attended The London School of Economics and Political Science (LSE), where he participated in programs focused on Globalisation and Leadership. He also holds a Master’s Degree in Management from the Indian Institute of Forest Management (1991–1993), graduating as an Institute Silver Medalist.
About SBI Funds Management Limited
SBI Funds Management Limited, the asset management company of SBI Mutual Fund, has over 36 years of experience in fund management and investment solutions. The company offers a comprehensive range of investment products including equity funds, debt funds, hybrid funds, solution-oriented funds, ELSS, index funds, exchange traded funds (ETFs), fund of funds (FoFs), Alternative Investment Funds (AIFs), and Portfolio Management Services (PMS).
With a strong focus on delivering consistent value to investors, SBI Funds Management combines deep investment expertise with a diversified product portfolio, serving retail and institutional investors across domestic and international markets.
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