SBI Capital Markets has announced the elevation of Mamta Makhijani to vice president and head of human resources. The move acknowledges her long association with the organisation and her role in strengthening the HR function over the years.
In the elevated position, Mamta will lead SBICAPS’ people agenda across talent strategy, learning and development, employee experience and organisational development. The leadership change comes as the firm focuses on building future-ready capabilities in the BFSI space.
Mamta’s journey at SBI Capital Markets spans almost two decades. She joined the company in October 2007 as an executive and spent a year in the role. She then moved to senior executive – human resources, followed by human resources associate, from November 2009 to November 2010.
Her next progression was to deputy manager–human resources in November 2010. This was followed by a stint as human resources manager between November 2011 and April 2019.
From April 2019 to September 2025, she served as assistant vice president–human resources, partnering with business leaders on key HR initiatives, and now she has taken on the role of vice president and head of human resources.
Across these roles, Makhijani has focused on building workplace cultures that encourage collaboration, learning and purpose-driven work. She has often spoken about HR’s impact coming from understanding people, enabling growth at every stage, and aligning talent with business outcomes.
With deep domain experience in the financial services sector, Makhijani is expected to further shape SBICAPS’ leadership pipeline and organisational effectiveness in her expanded role.
We at HRKatha wish Mamta Makhijani all the best!
