Who is the new CEO of NIIF ........

Economic and Social Issues Social Infrastructure

Off late, the National Investment and Infrastructure Fund (NIIF) has been adopting various approaches to mobilize resources for funding infrastructure projects.National Investment and Infrastructure Fund (NIIF) is India’s first sovereign wealth fund that was set up by the Government of India in February 2015.The objective behind creating this fund was to maximize economic impact mainly through infrastructure investment in commercially viable projects, both Greenfield and Brownfield. NIIF was approved in August 2015 by the Department of Economic Affairs. First meeting of its governing council was held in December 2015 further to which it was registered with SEBI as Category II Alternative Investment Fund.As of September 2018, the NIIF manages funds of over US$ 3.4 billion.

Who is the new CEO of NIIF?

Sujoy Mitra

Sujoy Majumdar

Sanjiv Aggarwal

Sujoy Bose

Prakash Rao

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Explanation:

Senior IFC official Sujoy Bose was on June 26, 2015 appointed CEO of India's maiden Rs 40,000 crore sovereign wealth fund NIIF.He is Director and Global Co-Head of Infrastructure and Natural Resources at Washington-based International Finance Corporation.IFC is the private sector lending arm of the World Bank.Sujoy has over 20 years of experience in emerging markets private equity and debt investments with IFC, where he has been responsible for several major emerging markets transactions, covering both debt and equity in Asia, Africa, Latin America, and MENA.