The Banks Board Bureau (BBB) which is the headhunter for state-owned banks and financial institutions, on Saturday have recommended S Ramann and Shivendra Tomar for the posts of CMD and MD of SIDBI and IFCI, respectively.
About BBB
The government in 2016 had approved the constitution of BBB as a body of eminent professionals and officials to make recommendations for appointment of whole-time directors as well as non-executive chairpersons of public sector banks (PSBs).
BBB is headed by former Department of Personnel and Training Secretary B P Sharma.
Who is S Ramann?
Ramann,the 1991-batch Indian Audit & Accounts Service officer, is currently CEO of National E-Governance Services Limited (NeSL)
Who is Shivendra Tomar?
Tomar is currently a managing director of IFCI Venture Capital Funds Ltd, a subsidiary of IFCI.
Competitor’s with Ramann and Shivendra
The Banks Board Bureau interviewed 20 candidates on 4th and 5th December, 2020 for the vacancy of chairman and managing director (CMD) of Small Industries Development Bank of India (SIDBI).
As many as five candidates appeared for the position of MD of IFCI.
Comment from BBB
“Keeping in view their performance in the interview and their overall experience, the bureau recommends S Ramann for the position of chairman and managing director in SIDBI.”
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