Appointed as the chairman of SBI in June 2006, banker Om Prakash Bhatt had the longest tenure as the chairman in the recent past. Bhatt had ushered in a Transformation Exercise at SBI which began with the Top Management and has been taken down right to the grass root level. ‘Parivartan’ – a change management capsule programme, which was the brainchild of his was the largest ever programme of its kind, it covered 1,30,000 employees of SBI in 100 days. This programme and his efforts were highly appreciated. During his term that ended in March 2011, under Bhatt, the bank made several strides in a volatile economic environment. So much so that it has steadily improved its global ranking from 107 in 2006 to 70 in 2007 and 57 in 2008.

He is also on the board of XLRI. He has been elected the new Chairman of the Indian Banks' Association (IBA) for 2010-11

INDIA Future of Change, InDialogues, O P Bhatt


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