Ajay Tyagi takes charge as Sebi Chairman.
Senior IAS officer Ajay Tyagi took charge as the Chairman of the markets regulator, Securities and Exchange Board of India (Sebi).
He is the ninth Chairman of the SEBI and has taken over from U.K. Sinha, who completed his six-year tenure.
The appointment of 58-year-old Tyagi, who is known to keep a low profile, is for a period of three years.
A 1984 batch IAS officer of Himachal Pradesh cadre, he has handled capital markets division in the Finance Ministry.
Tyagi has diverse experience at the Centre. He was Joint Secretary in Ministry of Environment, Forest and Climate Change before joining Finance Ministry in November 2014 as Additional Secretary. He has also worked in ministries of Petroleum and Natural Gas, Steel and Rural Development.
A native of Uttar Pradesh, he had done post graduation in Economics. He did Master's in Public Administration from Harvard and holds Master's degree in Technology (Computer Science), as per his official resume.
With a tenure spanning six years, Sinha was the second longest serving SEBI chief after D.R. Mehta's seven-year term from 1995 to 2002.
N.K. Sinha to hold additional charge of Tourism Secretary.
Culture Secretary N.K. Sinha was given additional charge of the post of Secretary, Ministry of Tourism.
The competent authority has approved the assignment of additional charge to Sinha, a 1980 batch IAS officer of Bihar cadre, with immediate effect, an order issued by Personnel Ministry.
The vacancy has come up after superannuation of Vinod Zutshi.
G. Latha Krishna Rao has been given additional charge of Secretary, Tribal Affairs. She is Secretary, Department of Social Justice and Empowerment.
Assam govt to appoint teacher in all highschools to monitor cleanliness.
The government of Assam has decided to appoint a specific teacher to monitor cleanness in all off the state’s high schools.
The decision was taken during a cabinet meeting, held in Guwahati. The meating was chaired by the state's Chief minister, Sardanand sonowal.
According to the state's Transport Chandra mohan patowary, the teacher will be appointed in the high school in accordance with the union government's Swachh bharat mission. He further stated that they would be responsible for maintaining cleanliness with the school premises.
The residents are making it possible by completely boycotting the use of plastic and instead using baskets made from bamboo to store garbage in front of each of the 89 households and every corner of the village. The garbage collected is then disposed of at regular intervals.
Pak diplomat Sial assumed office as new Secretary General of SAARC.
Pakistan's seasoned diplomat Amjad Hussain B. Sial assumed office as the new Secretary General of the South Asian Association for Regional Cooperation (SAARC).
Sial has assumed charge of the office of Secretary General of SAARC from March 1, 2017.
He has succeeded Nepal's Arjun Bahadur Thapa, who was appointed the Secretary-General in 2014.
The Pakistani turn, which is held by rotation, starts from March 1, 2017, and continues till February 28, 2020.
Sial's nomination was made by Pakistan at the SAARC Council of Ministers in Pokhara, Nepal, in March 2016 and was endorsed by all member states.
He is a seasoned diplomat from Pakistan Foreign Service with over 33 years of career in the diplomatic field.
Before joining the SAARC Secretariat Sial was Special Secretary at the Ministry of Foreign Affairs in Islamabad.
Sial had served as Pakistan's ambassador to Tajikistan and permanent representative at Pakistan Mission to the UN.
SAARC is an eight-member regional grouping that comprises Afghanistan, Bangladesh, Bhutan, India, Nepal, the Maldives, Pakistan and Sri Lanka.
J.S. Deepak is India's WTO ambassador.
In a surprise move, Telecom Secretary J.S. Deepak has been appointed as country's permanent representative to World Trade Organization (WTO).
Mr. Deepak will take over his new assignment from June 1, 2017 and till then he will be Officer on Special Duty (OSD) in the Department of Commerce in the Ministry of Commerce and Industries with immediate effect.
The Appointments Committee of the Cabinet (ACC) headed by the Prime Minister Narendra Modi issued the order.
Earlier, as Additional Secretary in the Ministry of Commerce, Mr. Deepak, a 1982-batch IAS of UP cadre, handled WTO and other international agencies.
Meanwhile, in separate orders, the Secretary, Culture, N.K. Sinha has been given the additional charge of Secretary, Tourism and Secretary, Social Justice and Empowerment G. Latha Krishna Rao has been given additional charge of Secretary, Tribal Affairs.
Luis Norton de Matos appointed new head coach of India U-17 football team.
The All India Football Federation (AIFF) appointed Portugal's Luis Norton de Matos as the head coach of the India U-17 World Cup team for the forthcoming FIFA U-17 World Cup India 2017.
Matos who met the AIFF Advisory Committee including representatives from Sports Authority of India, and had a chat with Injeti Srinivas, the Director General, SAI, flew to Mumbai to meet with the AIFF President Praful Patel.
P.K. Purwar appointed MTNL CMD.
P.K. Purwar was appointed Chairman and Managing Director of state-run telecom major Mahanagar Telephone Nigam Limited (MTNL).
The Appointments Committee of the Cabinet has approved his appointment to the post for five years.
Purwar is currently working as Director (Finance) in MTNL, which has been without a full-time CMD since May 31, 2014, following superannuation of A.K. Garg.
Purwar held the additional charge of the post of MTNL CMD between June 2014 and June 2015. In June last year, he was again given this additional charge.
Shri Sudeep Lakhtakia to hold additional charge as DG CRPF.
The Competent Authority in this Ministry has approved that Shri Sudeep Lakhtakia, IPS, Additional DG, CRPF will hold the additional charge of the post of Director General, Central Reserve Police Force (CRPF).
IPS officer Sudeep Lakhtakia from Telangana to take additional charge as Director General (DG) of Central Reserve Police Force (CRPF). This was announced by the Home Ministry.
He is a 1984-batch IPS officer, joined the CRPF in June 2016. He was earlier an Inspector General of the elite Special Protection Group for about eight years.
Sudeep will take charge from K. Durga Prasad. Consequent upon the retirement of superannuation of Shri K.Durga Prasad, IPS DG,CRPF.
R. Subramania Kumar to hold additional charge of MD & CEO of IOB.
R. Subramania Kumar was given additional charge of the post of Managing Director and Chief Executive Officer (CEO) of Indian Overseas Bank for three more months.
Kumar is at present Executive Director in the IOB.
He was in November last year given additional charge of the post of MD and CEO of the bank for three months.
The Appointments Committee of Cabinet has approved the proposal of Department of Financial Services for extending the additional charge of the post of MD and CEO, IOB for a period of another three months, an order issued by personnel Minister.
Bishnoi appointed international match referee.
Former India wrestler Kripa Shankar Bishnoi has been appointed an international match referee by United World Wrestling (UWW), the sport's global governing body.
Bishnoi was selected by the Wrestling Federation of India (WFI) for the annual training course for match referees conducted by the UWW.
The former national champion, who has won the Arjuna Award, underwent the course in Germany last year and has cleared the test which was held in Dortmund.
Bishnoi is the first international match referee from his native Madhya Pradesh.
The 40-year-old had trained Bollywood star Aamir Khan and other actors for their roles in the wrestling-based film 'Dangal'.
Nigeria's Amina J. Mohammed sworn in as Deputy UN Secretary-General.
Nigeria’s former Minister for Environment, Amina J. Mohammed, has been officially sworn in as Deputy Secretary-General of the United Nations at the headquarters in New York.
She took her oath of office from the Secretary-General, Antonio Guterres, who appointed her as his deputy in December last year. She, however, returned to wrap up her work as Minister in Nigeria and hand over her portfolio.
She was present at the United Nations headquarters when her boss took his oath of office. She attended her last government meeting in Abuja where the Acting President, Yemi Osinbajo, thanked her for her work.
She resigned from Nigerian federal execute council.
Ruchi Ghanashyam appointed Secretary (West) in MEA.
Senior diplomat Ruchi Ghanashyam was appointed as the Secretary (West) in the Ministry of External Affairs.
She has been appointed in place of Sujata Mehta, who has recently taken over as a Member in Union Public Service Commission.
The Appointments Committee of Cabinet has approved Ghanashyam’s appointment to the post, an order issued by the Personnel Minister.
As the Secretary (West), Ghanashyam will be responsible for looking after the country’s diplomatic affairs with the UK and other European nations.
Ms. D.R. Doley Barman appointed as Director, SVP National Police Academy, Hyderabad.
Ms. D.R. Doley Barman, IPS, presently working as Director, North East Police Academy (NEPA), Shillong, Meghalaya, has been appointed as Director, Sardar Vallabh Bhai Patel National Police Academy (SVPNPA), Hyderabad vice Ms. Aruna M. Bahuguna, IPS by temporary downgrading the post to ADG level for a period of two years or until further orders, whichever is earlier.
Ms. D.R. Doley Barman would also hold additional charge of the post of Director, NEPA till the appointment and joining of regular Director, NEPA.
March 2Vice President Hassan Saleh steps in for the newly-created Prime Minister post of Sudan.
Sudanese President Omar Hassan al-Bashir named his first Vice President and long-time ally Hassan Saleh to the newly-created post of Prime Minister. The ruling party's Deputy Leader Ibrahim Mahmoud in a meeting chaired by President Bashir approved the nomination of Hassan.
Saleh as prime minister and his retention of the post of first Vice President.
Saleh will be sworn in and immediately start negotiations on forming a new cabinet.
Saleh who is expected to be sworn in on will continue to hold the position as the country’s Vice President.
Swadheen Kshatriya sworn in as Maharashtra chief commissioner of RTS.
Former Chief Secretary Swadheen Kshatriya was sworn in as the State's first Right to Services (RTS) Chief Commissioner. Lokayukta Justice (retd) M.L. Tahiliani administered the oath of office to Mr. Kshatriya at State Guest House Sahyadri.
State Chief Information Commissioner Ratnakar Gaikwad, former CIC Suresh Joshi and some of the State’s top bureaucrats were present on the occasion. Mr. Kshatriya's tenure will be of five years. He retired as Chief Secretary.
Odisha Govt appoints Dr. K. Srinath Reddy as states new adviser.
The state government appointed K. Srinath Reddy, a global leader in public health, as an adviser to the government on health matters giving him a cabinet minister's rank.
Incidentally, Odisha doesn't have a full time health minister ever since Atanu Sabyasachi Nayak resigned from the post in the wake of the SUM Hospital fire that killed 25 people in October last year. Finance minister Pradip Amat holds the additional charge of the department.
Reddy, president, Public Health Foundation of India (PHFI), will bring to the table his vast experience in the field of preventive care, a dire need for a state like Odisha which lags behind the country in maternal mortality, infant mortality, institutional delivery and child immunization, among other key health indicators, a government officer.
Reddy, a Padma Bhusan awardee, was the former head of the Department of Cardiology at the All India Institute of Medical Sciences (AIIMS), New Delhi.
Anupam Kher nominated as non-official member of CAC for NCC.
Actor Anupam Kher took to announce that he has been nominated as the non-official member of NCC's Central Advisory Committee.
He added, "My 1st ever ID Card was that of a NCC volunteer in 1970'', while tweeting a photograph of his NCC identity card.
Kher also shared a picture of himself holding the letter stating his nomination.
OnePlus signs Amitabh Bachchan as brand ambassador.
Chinese smartphone maker OnePlus has signed Bollywood megastar Amitabh Bachchan as its first-ever ''OnePlus Star'' – which is a select group of distinguished OnePlus users.
Bachchan was earlier the brand ambassador of Zen Mobiles and even helped LG to launch its G3 and G4 smartphones in the Indian market.
ICC appoints Sachin as ambassador for ICC Women's World Cup 2017.
Cricket icon Sachin Tendulkar has thrown his weight behind the ICC Women's World Cup 2017, one who doesn't watch the women's game is not a true cricket fan.
To celebrate the launch of the tournament schedule on International Women's Day, Tendulkar was introduced as the UNICEF and Cricket for Good Ambassador for the ICC Women's World Cup 2017.
Shiv Sena's Vishwanath Mahadeshwar elected Mumbai mayor.
Shiv Sena's Vishwanath Mahadeshwar has been elected Mumbai's new mayor. Mahadeshwar will be the 76th Mumbai mayor and will be taking over charge from Sena's Snehal Ambekar. Mahadeshwar defeated Congress nominee Vithal Lokare, who anyway had slim chances of winning, considering that the party won only 31 out of the 227 seats in the BMC elections.
After the procedural voting of the elected representatives for the Mumbai mayoral elections was completed a few minutes ago in the BMC house, the Shiv Sena's nominee Vishwanath Mahadeshwar was declared the next mayor with 171 votes defeating Congress candidate Vithal Lokhare who revieved 31 votes. The Samajwadi party's six corporators meanwhile abstained from voting while the MNS seven corporators choose to remain absent.
Ford Foundation appoints Pradeep Nair as regional director for India, Nepal, and Sri Lanka.
Pradeep Nair, a seasoned public and private sector leader, will be the Ford Foundation's regional director for its recently registered branch office in New Delhi serving India, Nepal, and Sri Lanka.
As regional director, Nair will lead the global non-profit grant-making organisation's operations in New Delhi, serving the three countries.
He will assume his new position at the end of March, succeeding Indonesia-based David Hulse, who since November 2015 has served as interim director.
Earlier, as director of President Bill Clinton's Climate Initiative in India, Nair helped to grow the regional chapter of the global cities network, chaired by former New York City Mayor Michael Bloomberg.
He also had previously served as the India country director of the US-based Institute for Sustainable Communities, where he established the organisation's India office and was instrumental in forming strong relationships with the government of India.
KPMG appoints Bill Thomas as Global Chairman.
William B. Thomas has been elected Chairman of Klynveld Peat Marwick Goerdeler (KPMG) International. He will lead the KPMG global network of professional services firms for a four-year term, effective October 1, 2017, succeeding John B. Veihmeyer, who is completing his term as Chairman and retiring from the firm at the end of September 2017.
The 49-year-old, who was elected to his new role by KPMG International's Global Council, has served as Chairman of KPMG's American region since 2014 and has been a member of the Global Board since 2009.
He has been a leader in defining KPMG's global strategy and a champion in promoting an inclusive and high-performing culture throughout the KPMG network.
Jon Huntsman Former US Governor appointed as US Ambassador to Russia.
Former Utah governor and 2012 Republican presidential candidate Jon Huntsman has accepted President Donald Trump's offer to serve as the next ambassador to Russia.
Huntsman would become one of the highest-profile US ambassadors, helming the diplomatic mission to a country that has seen its relationship with the US become increasingly strained in recent years.
Huntsman would also take on the post amid ongoing questions about connections between Russians known to US intelligence and Trump campaign advisers - and just months after Russia's meddling in the 2016 election.
The post would be the third ambassadorship for Huntsman, who previously served as US ambassador to Singapore and China. Huntsman was the ambassador to China during President Barack Obama's administration.
B.P. Kanungo appointed RBI deputy governor.
B.P. Kanungo was appointed deputy governor in Reserve Bank of India (RBI) for three years.
The Appointments Committee of Cabinet (ACC) has approved his appointment to the post with effect from the date of taking over the charge on or after April 3, an order issued by Personnel Minister.
He has been appointed in place of R. Gandhi.
Kanungo was in March last year appointed as Executive Director in the central bank.
The ACC has also named Dilip S. Shanghvi as Member, Western Local Board of RBI.
Donald Tusk to continue as council president of EU for 2nd term.
European Union leaders confirmed Donald Tusk for a second term as council president, overcoming weeks of strong opposition from his native Poland, which immediately retorted by seeking to hold up proceedings at their joint summit.
Poland refused to approve some summit texts, raising unease at a time when the E.U. is looking for unity as the crisis-prone bloc is faced with the painful departure of Britain.
He was the Prime Minister of Poland between 2007 and 2014 before stepping down to take the top job at the European Council.
India appoints Manjeev Singh Puri as next envoy to Nepal.
Manjeev Singh Puri has been appointed the new Indian envoy to Nepal.
Puri, presently the Ambassador of India to Belgium, is expected to take up his assignment shortly.
Puri will succeed Ranjit Rae, whose term came to an end last month.
Ambassador Puri is a member of the Indian Foreign Service since 1982.
Prior to Brussels, he was the Ambassador and the Deputy Permanent Representative of India to the United Nations in New York, having served there from 2009 to 2013.
He was a senior member of India's Security Council team during 2011-2012, when India served on the Security Council.
Narendra Kumar takes over as Chairman Central Water Commission.
Shri Narendra Kumar, an officer of Central Water Engineering Service (1979 batch) has assumed the charge of Chairman, Central Water Commission (CWC).
Shri Kumar Born on October 11, 1957 obtained his BE degree in Civil Engineering from IIT Roorkee and M Tech from IIT Delhi in Structural Engineering.
He has served in various capacities in CWC as Assistant Director in Design Organisation, Deputy Director in Project Appraisal Directorate and Director in Dam Safety Organisation and Project Monitoring Directorate. He has also served as Senior Joint Commissioner in Command Area Development wing of Ministry of Water Resources, River Development and Ganga Rejuvenation from 2002 to 2005. From 2009 to 2011, he served as Chief Engineer, Brahmaputra and Barak Basin, Shillong. He has also worked as Commissioner of B&B wing of Ministry of Water Resources, River Development and Ganga Rejuvenation during 2011 to 2014.
Shri Kumar has attended various international training programme and has served in various committees at UNESCO-IHE Delft Netherland, London, Beijing, Bhutan etc. He was also member of Experts Committee for Scientific Assessment of flood prone area in India and Standing Committee for Morphological studies of Indian rivers. He took over as Member (River Management) of Central Water Commission in October 2014.
New Chief Justices appointed for high courts of Kerala, Chhattisgarh, MP, and Jharkhand.
Chief Justices for High Courts in Kerala, Chhattisgarh, Madhya Pradesh and Jharkhand were appointed.
Acting Chief Justice of Patna High Court Hemant Gupta has been appointed Chief Justice of Madhya Pradesh High Court.
Acting Chief Justice of Jharkhand High Court P.K. Mohanty has been appointed the 'regular' chief justice.
Justice Navniti Prasad, a judge in Patna High Court has been appointed Chief Justice of Kerala High Court while Justice T.B. Radhakrishnan, acting Chief Justice of Kerala High Court, has been made Chief Justice of Chhattisgarh High Court.
The Supreme Court collegium headed by CJI J.S. Khehar having recommended nine names to the government for taking over as regular High Court chief justices. This was a much-anticipated move to appoint regular chief justices for High Courts instead of having acting chief justices for months.
Okram Ibobi elected as leader of Congress legislature party.
A day after Manipur threw up a hung verdict, state CM Okram Ibobi Singh was elected as the leader of Congress legislature party.
Ibobi has defeated activist Irom Sharmila from the Thoubal Assembly seat. He has been heading the Congress government in Manipur for the past 15 years. Congress has won 28 seats in Manipur.
Hafiz Abdul Rehman Makki gets charge of head of Jamaat-ud-Dawah.
Hafiz Saeed’s brother-in-law Hafiz Abdul Rehman Makki, who carries a $2 million bounty on his head, has been given the charge of the head of Jamaat-ud-Dawah after the Mumbai terror attack mastermind was put under the house arrest by Pakistan’s Punjab government.
Arun Jaitley given additional charge of Defence.
Union Finance Minister Arun Jaitley has been given the additional charge of the Defence Ministry.
This follows the resignation of Defence Minister Manohar Parrikar to take charge as Goa Chief Minister.
President Pranab Mukherjee accepted the resignation of Parrikar from the Council of Ministers with immediate effect and assigned the charge of the Ministry of Defence to Jaitley, in addition to his existing portfolios.
HSBC appoints insurer AIA's Mark Tucker as chairman.
Europe's biggest bank HSBC Holdings Plc AIA Group Ltd Chief Executive Mark Tucker had been appointed as its chairman, replacing Douglas Flint.
Tucker would take over responsibility for identifying a successor to HSBC Chief Executive Stuart Gulliver, a process expected to conclude in 2018.
Tucker would take over as group chairman designate from September 1 and as non-executive group chairman on October 1.
Seema verma to be chief of Centers for Medicare and Medicaid Services.
The US Senate confirmed President Donald Trump's pick to lead the Centers for Medicare and Medicaid Services, the health care agency whose programs Republicans are targeting for overhaul.
Seema Verma, a health consultant from Indiana who helped design a Medicaid expansion program when Vice President Mike Pence was that state's governor, was confirmed in a 55-43 vote.
As administrator of the Centers for Medicare and Medicaid Services, she will oversee a $1 trillion budget, 6,500 employees and government-run programs that cover 1 in 3 Americans.
BJP senior party leader appointed as observers for selecting new legislature party leaders in states.
BJP Parliamentary Board has appointed senior party leader and Information and Broadcasting Minister Venkaiah Naidu and party General Secretary Bhupendra Yadav as central observers for the election of new legislature party leader in Uttar Pradesh.
Union Minister Narendra Tomar and party leader Saroj Pandey will be the observers for Uttarakhand while Union Minister Piyush Goyal and party leader Vinay Sahasrabuddhe will be the observers for Manipur. Union Minister Nitin Gandkari will be the observer in Goa.
Manohar Parrikar becomes Chief Minister of Goa.
Senior Bharatiya Janata Party (BJP) leader Manohar Parrikar was sworn in as the Goa chief minister for the fourth time.
Parrikar, who resigned as Defence Minister, was administered the oath of office in presence of top BJP leaders including BJP national president Amit Shah, Union Ministers Venkaiah Naidu, Nitin Gadkari, J.P. Nadda and several other dignitaries.
For Parrikar, the fourth stint in the top post comes following the party's emphatic mandate in the assembly polls last week.
The first IITian to become Chief Minister, Parrikar's two previous terms - October 2000-02, February 2002-05 - had been bumpy rides with constant pinpricks from his alliance partners. But his third term, March 2012-14, had no coalition strings attached.
In 2012, BJP enjoyed a simple majority - 21 in the 40-member assembly and also has a buffer of three MLAs of ally Maharashtrawadi Gomantak Party and two Independents.
Justice Sharma appointed Assam Upalokayukta.
Justice (Retd) Chittaranjan Sharma was sworn in as Assam's Upalokayukta by Governor Banwarilal Purohit.
Justice Sharma was administered the oath of office by the governor at a simple ceremony in the Raj Bhawan.
Justice Sharma was a former Judge of the Gauhati High Court.
Biren Singh sworn in as Manipur CM.
N. Biren Singh was sworn in as Chief Minister of Manipur in Imphal. The oath of office was administered by Governor Najma Heptulla. Eight others were also sworn in, taking the number of Ministers in the BJP-led government to nine.
Yumnan Joykumar Singh of the National People's Party (NPP) was appointed as the Deputy Chief Minister. The lawmaker from the Uripok Assembly constituency is a former Director General of Police from the State.
Manipur threw up a hung verdict in the state assembly election. While Congress emerged as the single largest party with 28 seats, the BJP came in at second place with 21 seats.
Both the NPP and the NPF have four MLAs each, who have given their support to the BJP.
This is the first time the BJP has come to power in the north-eastern state.
Mallikarjun Kharge set to become next PAC Chairman.
The Congress floor leader in Lok Sabha, Mallikarjun Kharge is all set to become the next chairman of the Public Accounts Committee (PAC).
Kharge will succeed his party colleague K.V. Thomas, who will complete his third term as Chairman of Public Accounts Committee on April 30.
The Congress leadership had written to the Lok Sabha Speaker recommending Kharge's name for the PAC chairmanship.
The chair of the PAC is given to an MP of the main Opposition party. Sources claimed that Kharge was keen on the post as despite being the Congress floor leader in Lok Sabha, he has not been recognised as Leader of Opposition.
Sidharth MLA of BJP appointed as Protem Speaker of Goa Assembly for floor test.
Bharatiya Janata Party (BJP) MLA from Panaji Sidharth Kuncalienkar has been appointed as Protem Speaker for Goa Assembly Floor test. He will be sworn in by the Governor mridula sinha.
Former defence minister and Bharatiya Janata Party (BJP) leader Manohar Parrikar took oath as the 13th Chief Minister of Goa. Goa Governor Mridula Sinha administered the oath of office to Parrikar at the Raj Bhavan.
The Supreme Court had refused to stay the swearing-in of Parrikar and ordered a floor test in the state assembly.
Babul Supriyo named vice-president of FIFA U-17 World Cup LOC.
Union Minister Babul Supriyo has been appointed vice-president of the FIFA U-17 World Cup organizing committee.
All India Football Federation (AIFF) president Praful Patel, who is the chairman of Local Organising Committee.
The singer-turned-politician thanked Patel for the appointment.
A FIFA team is scheduled to visit India from March 21 to 27 for the final inspection of the facilities in the six cities which will host matches of the U-17 World Cup.
Sun Pharma's Dilip Shanghvi appointed as member on RBI's western board.
Sun Pharmaceuticals managing director Dilip Shanghvi has been appointed by the central government as a member on the western area local board of Reserve Bank of India.
The appointment is for four years with effect from 2017, the central bank.
Shanghvi joins Enam Group chairman Vallabh Bhanshali on the western board. Last month the RBI appointed Prasanna Mohanty on the RBI's southern local board, Vallabh Bhanshali on the western local board and Sunil Mitra on the eastern local board also for four years.
Reliance Commercial Finance appoints Devang Mody as CEO.
Reliance Commercial Finance, a subsidiary of Reliance Capital, announced the appointment of Devang Mody as chief executive officer.
Prior to this, Mody served as president of consumer business at Bajaj Finance. The consumer finance business of Bajaj Finance, under his leadership, witnessed a sharp growth to its current size spanning over 300 towns, with market leadership positions across various business lines.
Mody, aged 44, has over 20 years of experience in the financial sector. He started his career with Mahajan & Aibara, and then moved on to EY, followed by a stint at GE Money Financial Services where he was VP - Strategic Initiatives, before moving to Bajaj Finance.