Categories: State News

AP Govt. appoints former SBI Chairperson Rajnish Kumar as economic advisor

The Andhra Pradesh government has appointed Rajnish Kumar as its economic advisor. A former SBI chairman, Rajnish Kumar’s tenure in the cabinet rank position is for two years. Rajnish Kumar who had retired as SBI chairman in October 2020, is an independent non-executive director at the Hong Kong and Shanghai Banking Corporation. He joined SBI as a Probationary officer in 1980.

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The appointment comes amid the growing concerns over the state’s financial situation which has been badly hit by the Covid pandemic, even as the opposition has been critical over the sops and freebies being distributed by the Y.S. Jagan Mohan Reddy-led state government. Rajnish Kumar’s appointment is expected to help the state government steer through the financially tough juncture.

Important takeaways for all competitive exams:

Andhra Pradesh Governor: Biswabhusan Harichandan;
Andhra Pradesh Chief minister: Y. S. Jaganmohan Reddy;
Andhra Pradesh Capitals: Visakhapatnam (executive capital), Kurnool (judicial capital), Amaravati (legislative capital).

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Sumit Arora

As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.