S Ramann appointed as Chairman & MD of SIDBI

Current GK (IBPS-CL) Persons in News

The government has appointed S Ramann as Chairman and Managing Director of Small Industries Development Bank of India (SIDBI).
The appointment is for a period of three years from the date of his assuming the charge or until further orders.
Ramann, a 1991-batch Indian Audit & Accounts Service officer, is currently the CEO of National E-Governance Services Ltd, India's first Information Utility.
Small Industries Development Bank of India (SIDBI) set up on 2nd April 1990 under an Act of Indian Parliament, acts as the Principal Financial Institution for Promotion,Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector as well as for co-ordination of functions of institutions engaged in similar activities.
Headquarter - Lucknow, Uttar Pradesh.