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Atul Kumar Gupta appointed as new ICAI President

Atul Kumar Gupta

Atul Kumar Gupta will be appointed as new President of the Institute of Chartered Accountants of India(ICAI) for the year 2020-21. Nihar Niranjan Jambusaria has been elected as the Vice President of the ICAI for 2020-21.

ISRO: G Narayanan to head space PSU NSIL

ISRO

Veteran space scientist G Narayanan has been appointed the chairman of Indian Space Research Organisation’s newly formed commercial entity New Space India Ltd (NSIL).

Sunil Gurbaxani approved as new CEO and MD of Dhanlaxmi Bank

Dhanlaxmi Bank

The appointment of Sunil Gurbaxani as managing director and CEO of Dhanlaxmi Bank has been appointed by the Reserve Bank of India (RBI). The appointment  has been made for a period of three years. Gurbaxani is presently working with Axis Bank.

Abhay Kumar Singh to be new CMD of NHPC

Abhay Kumar Singh

Hydropower giant National Hydroelectric Power Corporation (NHPC) declared the appointment of Abhay Kumar Singh as the company’s Chairman & Managing Director. He will take the place of Ratish Kumar.

Nokia selects Pekka Lundmark as CEO from September 1

Pekka Lundmark

The Fortum CEO will replace Rajeev Suri. Nokia Chief Executive Rajeev Suri will resign in September and is to be taken over by Pekka Lundmark, until now the CEO of energy group Fortum . Suri resigned after more than a decade in charge of Nokia and Nokia Siemens Networks, the company stated.

Sudhanshu Pandey to be new CMD of MMTC Ltd

Sudhanshu Pandey

Sudhanshu Pandey has taken additional charge as Chairman and Managing Director of Metals and Minerals Trading Corporation (MMTC) Ltd. He is currently serving as Additional Secretary at the Department of Commerce. He was the successor of Ved Prakash.

Sunil Joshi to be new chairman of BCCI’s selection committee

Sunil Joshi

The Board of Control for Cricket in India (BCCI)’s Cricket Advisory Committee (CAC) has become Sunil Joshi as the new chairman of the national selection panel. The CAC including Madan Lal, RP Singh and Sulakshana Naik will review the panel’s performance after one year and make recommendations accordingly.

Sanjay Kumar Panda to be India’s next Ambassador to Turkey

Sanjay Kumar Panda

The Ministry of External Affairs declared that the Senior diplomat Sanjay Kumar Panda will be India’s Ambassador to Turkey. He will take over Sanjay Bhattacharya. Sanjay Kumar Panda is a 1991 Indian Foreign Service officer, is currently Consul General, Consulate General of India, San Francisco.

Ajay Bhushan Pandey selected as new Finance Secretary

Ajay Bhushan Pandey

The Appointments Committee of the Cabinet has selected the current Revenue Secretary Ajay Bhushan Pandey as the new Finance Secretary. He will take over the current Finance Secretary Rajiv Kumar. Ajay Bhushan Pandey had earlier worked as the chief executive officer of Unique Identification Authority of India (UIDAI), the organization behind the Aadhaar.

RBI Deputy Governor N.S. Vishwanathan resigns before retirement

N.S. Vishwanathan

RBI Deputy Governor N S Vishwanathan has declared his resignation due to health issues. He was first appointed as the Reserve Bank’s deputy governor for a three-year term in 2016, following which he was reappointed for one year. Vishwanathan has worked under three governors Raghuram Rajan, Urjit Patel and Shaktikanta Das.

Bimal Julka to be new Chief Information Commissioner of India

Bimal Julka

Bimal Julka is declared as the Chief Information Commissioner (CIC) of India. President Ram Nath Kovind administered the oath of office to Bimal Julka as CIC. The oath ceremony was organized at the Rashtrapati Bhavan. Sudhir Bhargava was the former CIC of the country retired on January 11, 2020.

Nupur Kulshrestha becomes 1st woman DIG of Indian Coast Guard

Nupur Kulshrestha

Nupur Kulshrestha becomes the first woman to be promoted as Deputy Inspector General (DIG) of Indian Coast Guard. She recruited in Indian Coast Guard in 1999. The Indian Coast Guard is a multi-mission organization, conducting round-the-year real-life operations at sea.

Surjit Singh Deswal receives additional charge of BSF DG

Surjit Singh Deswal

Indian Police Service (IPS) officer of Haryana cadre Surjit Singh Deswal took over the additional charge of Director General (DG) of Border Security Force (BSF). Deswal, a 1984-batch IPS officer, is currently the Director-General of Indo-Tibet Border Police. He has succeeded Director-General Vivek Johri, who has been appointed Director-General of Madhya Pradesh Police.

Prashant Kumar selected as MD & CEO, Sunil Mehta as Non-Executive Chairman & of YES Bank

Yes Bank
  • On March 14, 2020 Government selected former Chief Financial Officer & deputy Managing Director(MD) of SBI Prashant Kumar as MD & Chief Financial Officer(CEO), the former Punjab National Bank(PNB) MD Sunil Mehta as Non-Executive Chairman, Mahesh Krishnamurthy & Atul Bheda as non-executive directors of the reconstructed board of Yes Bank.
  • State Bank of India (SBI), which has a 49 % stake in Yes Bank, will nominate 2 directors & Reserve Bank could select one or more additional directors.

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