The State Bank of Hyderabad Act,1956
Section 16. Chairman of the Board of Directors
(1) The chairman of the Board of Directors shall be such one of the directors, not being the managing director, as the Reserve Bank may, with the approval of the Central Government, nominate.
(2) The chairman shall hold office for two years or until his successor is nominated:
Provided that the chairman shall, so long as he is a director, be eligible for re-nomination as chairman.