O. P. Bhatt

Om Prakash Bhatt (born 7 March 1951) is an Indian banker and was the Chairman of State Bank of India 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 chairman of TATA Steel.

Early life

Om Prakash Bhatt was born on 7 March 1951 in Dehradun, Uttarakhand. 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).

Career

P. Bhatt Started his career as a probationary officer in SBI in 1972. He also served as Managing Director, State Bank of Travancorefrom 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 (IBA) for the year 2010–11. Currently he is working as an Independent Non-Executive director in Board member for TATA Steel Limited.

Bhatt is a non-executive director of Standard Chartered.