Home India Ministry of Finance Smt Nirmala Sitharaman, Minister of Finance, Government of I...
Date: 2019-06-21 Category: Extra Ordinary State: Union Government Country: India

Smt Nirmala Sitharaman, Minister of Finance, Government of India, has been appointed as

Issued by Ministry of Finance · Department of Economic Affairs

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Executive Summary & Key Takeaways

This notification, issued by the Ministry of Finance, Department of Economic Affairs on June 21, 2019, announces the appointment of Smt. Nirmala Sitharaman, Minister of Finance, Government of India, as India's Governor on the Board of Governors for the following institutions, effective May 31, 2019, replacing Shri Arun Jaitley: * European Bank for Reconstruction and Development (EBRD) * African Development Bank (AfDB) * New Development Bank (NDB) * Asian Infrastructure Investment Bank (AIIB) The notification number is F.No. 16062019OMI, and it was issued by Prashant Goyal, Joint Secretary.

Key Entities Referenced

Ministry of Finance: The ministry responsible for financial matters in the Government of India. Department of Economic Affairs: A department within the Ministry of Finance, Government of India. Nirmala Sitharaman: Minister of Finance, Government of India, appointed as India's Governor on the Board of Governors of several banks. Arun Jaitley: Former Governor on the Board of Governors, replaced by Nirmala Sitharaman. European Bank for Reconstruction and Development EBRD: An international financial institution. Nirmala Sitharaman appointed as India's Governor. African Development Bank AfDB: A multilateral development finance institution. Nirmala Sitharaman appointed as India's Governor. New Development Bank NDB: A multilateral development bank established by the BRICS states. Nirmala Sitharaman appointed as India's Governor. Asian Infrastructure Investment Bank AIIB: A multilateral development bank focused on infrastructure investments. Nirmala Sitharaman appointed as India's Governor.
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