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PERSONS IN NEWS - August 2019

Aug 2019

Jan 31, 2021

Lt Gen Chandi Prasad Mohanty is New Army Vice-chief

Lieutenant General Chandi Prasad Mohanty has been appointed as the new Vice-chief of Army staff. He would assume the office on February 1, 2021, from Lt General SK Saini, who is superannuating on 31 January 2021. Lt General CP Mohanty is an alumnus of Rashtriya Indian Military College, Dehradun, and National Defence Academy. He is a June 1982 batch Infantry Officer from the Rajput Regiment.
Vice-chief of Army Staff is the deputy head and the second-highest-ranking officer of the Indian Army. The position is held by the senior officer in the rank of Lt-General, of the Commander in Chief grade.

Janakiraman and Aswini New MDs of SBI

The appointment's committee (ACC) of the Cabinet has approved the appointment of Swaminathan Janakiraman and Ashwini Kumar Tewari as new Managing Directors (MDs) of State Bank of India (SBI) for a period of three years.
Prior to this, Swaminathan Janakiraman was the deputy managing director (Finance) at SBI and Ashwini Kumar Tewari was serving as MD & CEO of SBI Card, a subsidiary of SBI.
SBI is headed by a Chairman and four managing directors. Dinesh Kumar Khara is the current Chairman of the bank. The other two MDs of the bank are C.S. Setty and Ashwani Bhatia. The two posts were vacant since October 2020.

Jan 29, 2021

Nagaland Chief Secretary Temjen Toy Passes Away

Nagaland chief secretary Tali Temjen Toy passed away in Kohima after a long battle with cancer. He was 57.
The top ranking administrator served the state government in various capacities and took over as chief secretary in 2018.
He was the first among Nagas to crack the Common Admission Test (CAT), the entrance examination for admission into the country's premier business schools, and was admitted to IIM Calcutta in the 1980s. He was also an alumnus of St. Xavier's College in Mumbai

Jan 28, 2021

Abhay Chautala Resigns from Haryana Assembly over Farm Laws

INLD's lone MLA in the Haryana Vidhan Sabha, Abhay Chautala, met Speaker Gian Chand Gupta and handed over his resignation in person. The Speaker has accepted Chautala's resignation. Abhay Chautala, who represents Ellanabad Assembly constituency, had earlier offered to resign as MLA over Union government's failure to repeal the three farm legislations.
Abhay is the first MLA in the 90-member House in Haryana who has resigned from the Assembly expressing solidarity with the farmers. However, there were a few Independent MLAs who had earlier withdrawn their support from the BJP in support of farmers. On December 1, independent MLA from Dadri assembly constituency, Sombir Sangwan had withdrawn support from BJP. He had also resigned from the post of Chairman, Haryana Livestock Development Board. Earlier, another Independent MLA Balraj Kundu too had withdrawn his support from BJP citing farm laws.

Jan 27, 2021

Jayati Ghosh Named by UN to High-level Advisory Board on Economic, Social Affairs

Indian development economist Jayati Ghosh is among 20 prominent personalities appointed by the United Nations to a high-level advisory board that will provide recommendations for the UN Secretary-General to respond to the current and future socio-economic challenges in the post-COVID-19 world.
Ghosh is a professor of economics at the University of Massachusetts Amherst. She has taught economics at Jawaharlal Nehru University for nearly 35 years and has authored several books.

Dhanlaxmi Bank Board Approves Appointment of Shivan as MD and CEO

Board of Directors of Kerala-based Dhanlaxmi Bank has given approval to appoint J. K. Shivan as Managing Director and CEO of the Bank.
It may be recalled that the shareholders of the Kerala-based had voted against MD & CEO Sunil Gurbaxani in September 2020. Then, in December 2020, the lender appointed Shivan as the new MD & CEO. However, the banking regulator, Reserve Bank of India (RBI), had asked the Dhanlaxmi Bank Board to get shareholders' approval before appointing J. K. Shivan as the next chief of the bank.

Jan 25, 2021

Shyam Srinivasan is Business Standard Banker of the Year

Shyam Srinivasan, managing director and chief executive officer (CEO) of Federal Bank, is the Business Standard Banker of the Year for 2019-20. The award was given for his bank's consistent healthy performance at a time when most of its peers witnessed large stress on asset quality, registered losses, or even invited regulatory actions.
The unanimous decision was taken by a high-profile jury of five, chaired by former RBI deputy governor S. S Mundra. He was chosen for his bank's consistent healthy performance at a time when most of its peers witnessed losses or other issues.

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