Rajnish Kumar appointed as new chairman of MDI board

Kumar was a member of the Board of Governors of MDI with impact from March 1, 2019 and can exchange TV Mohandas Pai as interim chairman from immediately.

The Administration Growth Institute Society on Monday introduced the restructuring of its board and the appointment of former State Financial institution of India (SBI) chairman Rajnish Kumar as the brand new chairman of the board of governors.

Kumar has been a member of the Board of Governors of MDI since March 1, 2019 and can exchange TV Mohandas Pai as interim chairman with impact from Monday, August 8, 2022.

Mohandas Pai, the veteran company chief will proceed as a member of the board. Different distinguished members of the board are Suchindra Mishra (Further Secretary, DFS, MoF), Sanjeev Bikhchandani (Founding father of Data Age India), Sangeeta Talwar (former Advertising and marketing Head of Nestle and former MD of Nationwide Dairy Growth Board), Sunil Kumar Bansal. (Deputy Managing Director, IFCI), Kalyan Kumar (Government Director, PNB), Prabal Kumar Sen (Former Professor, XLRI), Dr. Anurag Batra (Chairman and Editor-in-Chief, Businessworld) apart from the administrators of each MDI Gurgaon and MDI Murshidabad.

Rajnish Kumar accomplished his three-year time period because the chairman of SBI in October 2020. He’s credited for operating the financial institution efficiently throughout very difficult instances. Throughout his tenure, the financial institution developed YONO, a digital platform. This established SBI as a world chief within the adoption of expertise and innovation.

Rajnish Kumar at the moment serves as an impartial director on the boards of a number of corporations corresponding to HSBC, Asia Pacific and L&T Infotech. He’s additionally the non-executive chairman of Resilient Innovation (BharatPe), one of many quickest rising fintech corporations within the nation, and an impartial director on the board of Lighthouse Neighborhood Basis. Kumar can also be an advisor to Kotak Funding Advisors and Baring Personal Fairness Asia.

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