From SBI Treasury to AMFI: Venkat Chalasani’s Market Journey

In Part II of this Market Makers conversation, AMFI CEO Venkat Chalasani reflects on his 37-year journey at State Bank of India, where he rose to head Treasury and Global Markets.

Highlights include:

• Managing ₹12 trillion at SBI Treasury, bigger than mutual fund AUM at the time
• Early memories from forex and derivatives trading in the 1990s 
• Risk management and innovation — from forward rate agreements to repo reforms
• Advocacy with RBI on liquidity and derivative netting
• Why SBI is called the “Big Daddy” of Indian markets
• Leadership lessons: from financing a farmer’s buffalo to managing trillions

This part blends market history with leadership wisdom — a story of reinvention, belonging, and systemic responsibility.