Om Prakash Bhatt (born 7 March 1951) is an Indian banker and was the

Chairman of State Bank of India The chairperson of the State Bank of India is the chief executive officer of India's largest scheduled commercial bank and the ''ex-officio'' chair of its Central Board of Directors. Since its establishment in 1955 by the government of India, t ...

from June 2006 until 31 March 2011 Presently, he is an independent director on the board of the 'Maharatna' Central Public Sector Enterprise - Oil and Natural Gas Corporation Ltd (ONGC), Tata Steel Ltd and also Hindustan Unilever Ltd. (HUL). On 25 November 2016 he was made interim chairman of

TATA Steel Tata Steel Limited is an Indian multinational steel-making company, based in Jamshedpur, Jharkhand and headquartered in Mumbai, Maharashtra. It is a part of the Tata Group. Formerly known as Tata Iron and Steel Company Limited (TISCO), Tata ...

, replacing

Cyrus Mistry Cyrus Pallonji Mistry (4 July 1968 – 4 September 2022) was an Indian businessman. He was the chairman of the Tata Group, an Indian business conglomerate, from 2012 to 2016. He was the sixth chairman of the group, and only the second (af ...

. He continues as an independent director after N. Chandrasekaran took over as Chairman in 2017. The Supreme Court appointed him member of a committee to investigate issues arising out of US short-seller Hindenburg's report on the

Adani Group Adani Group is an Indian multinational conglomerate, headquartered in Ahmedabad. It was founded by Gautam Adani in 1988 as a commodity trading business, with the flagship company Adani Enterprises. The Group's diverse businesses include po ...

on 2 March 2023.

Early life

Om Prakash Bhatt was born on 7 March 1951 in

Dehradun Dehradun () is the capital and the most populous city of the Indian state of Uttarakhand. It is the administrative headquarters of the eponymous district and is governed by the Dehradun Municipal Corporation, with the Uttarakhand Legislative As ...

Uttarakhand Uttarakhand ( , or ; , ), also known as Uttaranchal ( ; the official name until 2007), is a state in the northern part of India. It is often referred to as the "Devbhumi" (literally 'Land of the Gods') due to its religious significance and ...

. He was National Science Talent Search Scholar in Physics at DAV College, Dehradun. He obtained an MA in English Literature from Meerut University. His favorite holiday destinations are hills in Uttarakhand and North-East (he was Chief General Manager of NE Circle).Bhatt, OP
"OP Bhatt The Chairman in a hurry"

livemint ''Mint'' is an Indian financial daily newspaper published by HT Media, a Delhi-based media group which is controlled by the K. K. Birla family that also publishes ''Hindustan Times''. It mostly targets readers who are business executives and ...

, Mumbai, 3 May 2008. Retrieved on 26 November 2016.

Career

O. P. Bhatt Started his career as a probationary officer in SBI in 1972. He also served as Managing Director,

State Bank of Travancore State Bank of Travancore (SBT) was a major Indian bank headquartered in Thiruvananthapuram, Kerala, and was a major associate of State Bank of India. SBT was a subsidiary of the State Bank Group, but also had private share-holders. It was ...

from January 2005 to April 2006. Before becoming Managing Director of SBT he was Chief General Manager of North-East Circle and within a year he lifted the circle from bottom to No. 1 position. He was appointed Chairman of SBI in June 2006. He retired in March 2011 and had a long tenure as SBI Chairman in the recent past, one of the very few who served 5 years as Chairman. He is best known for transforming SBI and bringing efficiency and competitiveness in operations. Under his chairmanship, SBI adopted an aggressive strategy in marketing and operations. He was the Chairman of the

Indian Banks' Association Indian Banks' Association (IBA), formed on (26 September 1946) as a representative body of management of banking in India operating in India - an association of Indian banks and financial institutions based in Mumbai. With an initial membership re ...

(IBA) for the year 2010–11. Bhatt is an independent Director of Tata Consultancy Services.

References

{{DEFAULTSORT:Bhatt, O. P. 1951 births Living people Indian bankers State Bank of India Garhwali people Chairmen of the State Bank of India Indian corporate directors