The government has appointed S Ramann as Chairman and Managing Director of Small Industries Development Bank of India (SIDBI). Ramann, a 1991-batch Indian Audit & Accounts Service officer, is currently the CEO of National E-Governance Services Ltd, India’s first Information Utility.
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The appointment is for a period of three years from the date of his assuming the charge or until further orders. Banks Board Bureau, the headhunter for state-owned banks and financial institutions, had recommended his name for the post.
Important takeaways for all competitive exams:
- SIDBI set up on 2nd April 1990;
- SIDBI Headquarters: Lucknow, Uttar Pradesh.