Shri V.G. Kannan has assumed charge as MD & CEO of SBI Capital Markets Ltd. on 8th October, 2013. Earlier, he was President & COO of SBICAP from 27th August, 2012. Prior to his assignment in SBICAP, he was CGM (Mid Corporate Group), SBI Corporate Office at Mumbai. He joined SBI in the year 1978, and since then, he has held various assignments spanning Credit, Forex and Investments and Retail Banking. He has had considerable experience of over 10 years in credit and over 16 years in various aspects of Treasury and was actively involved in the setting up of the first Integrated Forex and Treasury Module of the Bank. He was head of the Bank’s Forex Department and later on moved back to credit. His assignments included heading the Delhi Mid Corporate Region as General Manager and DGM Commercial Banking, Hyderabad. He has had a stint in Retail Banking having served as General Manager of Bank’s Retail Network in Chennai for 2 years. He also worked in Hong Kong as Chief Manager Money and Treasury desk.