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ACC gives Nod to LIC MDs and CBDT Members

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The Appointments Committee of the Cabinet (ACC) has given its nod to the appointment of two managing directors of Life Insurance Corporation of India (LIC) and two members of Central Board of Direct Taxes (CBDT), the apex board under the Ministry of Finance that formulates policies on direct taxes in India.

The two officers appointed as LIC MDs are: B. Venugopal, currently executive director of LIC and Sunita Sharma, also an LIC executive director. Both these officers are appointed for a period of five years from the date of notification of their appointment or till they retire, according to the order.

Based in Mumbai, Venugopal is currently the chief of the western zone of LIC and Sharma now heads the subsidiary of the insurer – LIC Housing Finance.

Meanwhile, two senior officers of Indian Revenue Service (Income-Tax) Ajit Kumar Srivastava and Shabri Bhattasali were appointed as members of Central Board of Direct Taxes (CBDT).

Siddhanta Das appointed DG (forests)

Siddhanta Das has been appointed as director general (forests) and special secretary in the Ministry of Environment, Forests and Climate Change.

Cabinet Secretary P.K. Sinha gets One Year Extension

The Appointments Committee of the Cabinet approved the extension of cabinet secretary PK Sinha’s tenure for one year beyond June 12, 2017. That means, Sinha will get a tenure of three years as India’s top bureaucrat. Though cabinet secretary like home and foreign secretaries get a fixed tenure of two years, the top bureaucrat usually gets extension mainly because prime minister does not want to take risks in experimenting with a new hand at the level.

Joint Secretary Appointments

Ashok K. R. Parmaras appointed as joint secretary, Ministry of Information & Broadcasting from the date of assumption of the charge of the post, for a period of five years or until further orders, whichever is earlier vice Mihir K. Singh.

Aparna S. Sharma appointed as joint secretary, Department of Chemicals & Petrochemicals from the date of assumption of the charge of the post, for a period of five years or until further orders, whichever is earlier vice Avinash P. Das Joshi.

B.P. Kannungo appointed to the post of deputy governor, Reserve Bank of India (RBI) vice R. Gandhi, for a period of three years with effect from the date of taking over the charge i.e. on or after 3.4.2017 or until further orders, whichever is earlier.

Vandita Kaul appointed as joint secretary, Department of Financial Services, from the date of assumption of the charge of the post for a period of five years or until further orders, whichever is earlier, vice A.V. Patil.

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