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PERSONS IN NEWS - August 2020

Aug 2020

Oct 08, 2020

Mario Molina Mexico's First Winner of the Nobel Prize for Chemistry Passes Away

  • Mexican scientist Mario Molina, who became his country's first winner of the Nobel Prize for Chemistry for his work on the threat to the ozone layer from chlorofluorocarbons (CFCs), passed away at the age of 77.
  • One of Mexico's most eminent scientists, Molina conducted some of his first experiments at a tender age in his childhood home before becoming a global authority on climate change.
  • Molina founded the Centro Mario Molina, an environmental research body.
  • In 1995, Molina, Frank Sherwood Rowland and Paul Crutzen were awarded the Nobel Prize for their work showing how CFCs used in spray cans were destroying the ozone layer.

Rajeshwar Rao New Deputy Governor of RBI

  • The Government of India appointed M. Rajeshwar Rao as the new Deputy Governor of Reserve Bank of India. The post fell vacant in March 2020 when the previous Deputy Governor N. R. Vishwanathan resigned citing health issues before his term completed. His term was to complete in September 2020.
  • The Deputy Governor is recommended by the Financial Sector Regulatory Appointment Search Committee. The committee comprises of RBI Governor, cabinet secretary and financial service secretary. The Appointments Committee of the Union Cabinet approved the appointment.
  • Recently, the Government of India appointed economists Jayant R. Varma, Shashank Bhide and Ashima Goyal as members of Monetary Policy Committee (MPC). The MPC fixes interest rates, repo rate, reverse repo rate.
  • The Deputy Governor manages internal debts, financial market operations, and international and secretarial departments at the central bank. The Deputy Governor plays a major part in the RBI Board.

Oct 07, 2020

M. A. Ganapathy to Head Bureau of Civil Aviation Security

  • Senior IPS officer M. A. Ganapathy has been appointed as the Director General of Bureau of Civil Aviation Security (BCAS). He is a 1986 batch IPS officer of Uttarakhand cadre.
  • The Appointments Committee of the Cabinet has approved the appointment of Ganapathy, IPS, to the post of Director General, BCAS, for a tenure up to his superannuation on February 29, 2024. The post of BCAS chief fell vacant after Rakesh Asthana was appointed as the Director General of Border Security Force in August.

Oct 05, 2020

Arvind Hali New MD & CEO of Motilal Oswal Home Finance

  • Motilal Oswal Financial Services Ltd (MOFSL) appointed Arvind Hali as the new Managing Director & Chief Executive Officer of its housing finance company Motilal Oswal Home Finance Limited (MOHFL).
  • It has also appointed Amar Bahl as the Deputy Managing Director & COO of the company.
  • Hali was previously associated with Art Housing Finance as its MD & CEO and has over two decades of experience in the financial domain. In his new role, he will be responsible for driving broad-based strategy, strengthening operations and scaling up Motilal Oswal Home Finance's business.
  • Prior to Art Housing, Hali was associated with various financial organisations such as Intec Capital, AU Financiers limited, Capri global, Dhanlaxmi Bank, Reliance Capital, Standard Chartered Bank, and GE countrywide.
  • Bahl has over 21 years experience in the financial Services industry and has worked on both sides of the balance sheet - Assets and Liabilities. His last assignment was with ART Housing Finance as the President and COO.

Samajwadi Party leader Mulayam Singh Yadav Passes Away

  • Mulayam Singh Yadav, former MLC of Samajwadi Party, passed away in his native village Kakor in Purwa. He was 92.
  • The veteran leader had been fighting illness for several days.
  • Yadav, who was elected sarpanch of his village at the age of 21 in the year 1949, was the block chief for 15 years and a member of the Legislative Council for 20 consecutive years. He was a three-time member of the Legislative Council and also the block chief of Auraiya's block, Bhagya Nagar twice.

Oct 03, 2020

Air Marshal Vikram Singh New SASO, WAC

  • Air Marshal Vikram Singh was appointed as the Senior Air Staff Officer (SASO), Headquarters Western Air Command.
  • Commissioned into the fighter stream in December 1984, he flew the MiG-21 and Mirage-2000 aircraft before undergoing the Flying Instructor's Course, Experimental Flight Test Course and Staff Course at Pretoria, South Africa.
  • He has performed flight test duties at the National Flight Test Centre, commanded an Air Force Station, served in various staff appointments in air headquarters and has been posted as the Air Attache at Moscow. He has also served at the Integrated Defence Staff Headquarters and was the Assistant Chief of the Air Staff (Plans) at air headquarters before taking over the present appointment.

Oct 02, 2020

Sonali Ghosal New Chief of Military Nursing Service

  • Major General Sonali Ghosal, who had nursed soldiers wounded in the Operation Bluestar launched to flush out terrorists from the Golden Temple in Amritsar in 1984, assumed the charge of Additional Director General, Military Nursing Service.
  • She took over the reins after Major General Joyce Gladys Roach relinquished the post on her superannuation after having served the Indian Army for nearly four decades.
  • Besides Bluestar, Ghosal has also served in Operation Sadbhavana, a military civic action programme launched by the Army in J&K and North East region. In recognition of her meritorious and distinguished service she was awarded the Chief of the Army Staff Commendation Card in 2014.

Argentina's Beloved Cartoonist Quino Passes Away

  • Argentines held a day of national mourning after the death of the country's beloved cartoonist Quino, whose comic character Mafalda, an Argentine girl with shock black hair and strong political views, drew admirers around the world. He was aged 88.
  • Personalities such as singer Ricky Martin, basketball player Manu Ginobili, politicians and artists paid tribute to Quino, the pen name of Joaquín Salvador Lavado.
  • Quino was able to use Mafalda's seeming innocence to spread scathing criticism, including of the dictatorships that plagued Latin America from the 1960s. He himself lived through military rule in Argentina.
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