Current Affairs Appointments

 A 1983-batch IAS officer, Injeti Srinivas has been appointed as 1st chairman of the International Financial Services Centres Authority (IFSCA) for a period of three years. The Appointments Committee of the Cabinet has approved his appointment. Besides the Chairman, IFSCA has a member each nominated from RBI, IRDAI, SEBI and PFRDA. There are also two members from the Central Government and full-time or part-time members in the Authority.

 Indian Financial Technology & Allied Services (IFTAS) has announced the appointments of T Rabi Sankar as the Chairman of the organization. IFTAS is a wholly-owned subsidiary of Reserve Bank of India. T Rabi Sankar, currently serving as Executive Director, Reserve Bank of India for Payment Systems, Information Technology, Risk Management and Fintech has taken over concurrent charge, ex officio, as the Chairman of IFTAS. Agency also appoints Dr N Rajendran as the Chief Executive Officer (CEO) of the organization. He is a leading expert in the field of Payments & Banking Systems and holds a PhD in computer science. With an outstanding track record in strategizing, people and technology management, cybersecurity, administration, thought leadership and project & business execution.

  Vijay Khanduja has been appointed as the next Ambassador of India to the Republic of Zimbabwe. He is presently serving as Director in the Ministry of External Affairs(MEA). Vijay Khanduja will replace R. Masakui as the next Ambassador of India to Romania.

 Rahul Shrivastava has been appointed as the next Ambassador of India to Romania. He is presently serving as Joint Secretary in the Ministry of External Affairs. He is an IFS officer of 1999 batch. Rahul Shrivastava will replace Thanglura Darlong as the next Ambassador of India to Romania.

 Monika Kapil Mohta has been appointed as the next Ambassador of India to Switzerland. She is presently serving as the Ambassador of India to Sweden. She is an IFS officer of 1985 batch. Monika Kapil Mohta will replace Sibi George as the next Ambassador of India to Switzerland. Sibi George has been appointed as the next Ambassador of India to the State of Kuwait.

 India has appointed Brajendra Navnit as India’s new ambassador to the World Trade Organization (WTO). He is a 1999 batch IAS officer of Tamil Nadu cadre. He will be posted at the Permanent Mission of India (PMI) to the WTO in Geneva. Navnit, who recently completed his tenure as Joint Secretary in the Prime Minister’s Office. He replaces JS Deepak at the PMI, whose two-year extended term ended on May 31. The Appointments Committee of the Cabinet, which approved Navnit’s foreign post, also gave a nod to the appointment of Anwar Hussain Shaik for the post of Counsellor, at the PMI to WTO, Geneva. He is a 2000 batch IRTS officer.

 The tenure of Subramanian Sundar as the Managing Director and Chief Executive Officer of Lakshmi Vilas Bank has been extended after the approval from the Reserve Bank of India. His tenure has been extended for a period of 6 months i.e. till 30th November 2020 or till the appointment of the new CEO, whichever is earlier.Subramanian Sundar’s tenure as the MD & CEO of Lakshmi Vilas Bank has been extended for the second time.

 MD & CEO, Kotak Mahindra Bank, Uday Kotak has taken over as the President of Confederation of Indian Industry (CII) for the year 2020-21. He has replaced the chairman and MD of Kirloskar Systems, Vikram Kirloskar as the President of CII. T.V. Narendran, CEO & MD of Tata Steel Ltd., is now CII’s president designate for the current financial year, while the Chairman and MD of Bajaj Finserv Ltd., Sanjiv Bajaj has taken over as the vice-president of CII.

 Twitter has appointed ex-Google chief financial officer (CFO), Patrick Pichette as new board chairman. He will replace Omid Kordestani. Pichette joined Twitter’s board of directors in 2017 and had been a lead independent director since the end of 2018. Prior to this, he served as Google’s CFO from 2008 until 2015. It is the first time in Twitter’s history that an outsider will preside over the group.

  Emmy-winning television producer, Krishnendu Majumdar becomes the new chairman of British Academy of Film and Television Arts (BAFTA). He is the first person of colour to be named as the chairperson of BAFTA in its 73 year-long histories of BAFTA. He will replace Pippa Harris. Harris will now continue as deputy chairperson. Prior to this, Majumdar served as the chair of the Learning and New Talent Committee (2006-2010), the chair of the Television Committee (2015-2019) and an individual from the leading group of trustees for 9 years. He has been intently working with BAFTA for 14 years.


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