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Month: February 2024

BFSI

SBM Bank India Appoints International Banker Ashish Vijayakar as MD & CEO

Observenow Desk February 19, 2024

New Delhi: Ashish Vijayakar has been appointed as the Managing Director & Chief Executive Officer (MD & CEO) of SBM Bank India for a duration of three years, starting from February. His appointment has received approval from the Reserve Bank of India (RBI). 

Vijayakar brings with him nearly thirty years of experience in the banking and financial services realm, during which he has demonstrated a knack for building and expanding global enterprises. His skill set encompasses strategic planning, effective team management, and the cultivation of impactful partnerships aimed at driving sustainable progress. 

Sattar Hajee Abdoula, Chairman, SBM Bank India said, “On behalf of the Board, we are delighted to welcome Ashish Vijayakar as the new Managing Director and CEO of SBM Bank India. With his proven track record of driving business growth, leading transformational initiatives, and fostering winning teams, Ashish’s leadership will propel SBM Bank India to new heights of success. We are confident that Ashish will, together with the existing management team, reinforce the existing bonds between the Bank and its stakeholders, and provide seamless continuity to the service to our customers, while enhancing the spectrum of strategic endeavours of the Bank with his expertise. His foresight and unwavering dedication to excellence perfectly align with our objectives and aspirations.” 

With a solid grasp of industry intricacies and a history of fostering growth and innovation, Vijayakar is well-suited to steer SBM Bank India through its upcoming developmental phase. 

Commenting on his appointment, Ashish Vijayakar said, “I am honoured to become a part of SBM Bank India. I look forward to working closely with the talented team at SBM Bank India to further enhance the robust groundwork established by my predecessors and foster sustainable growth that brings value to all stakeholders. I extend my gratitude to the Board for entrusting me with the leadership responsibility for steering SBM Bank India towards the next phase of growth.”

Ashish holds a Bachelor of Commerce degree from Bombay University, is a Chartered Accountant from the Institute of Chartered Accountants of India, and obtained an LLB (General) from Bombay University.

Tags: BFSI

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HR

Netradyne appoints Pooja Madappa as senior VP global HR

Observenow Desk

New Delhi: Netradyne, a company specializing in AI and edge computing for driver and fleet safety, has announced the promotion of Pooja Madappa to the role of Senior Vice President for Global Human Resources.

Pooja, who previously served as Vice President of HR since 2022, brings with her a wealth of experience from her tenure at Schneider Electric India, where she held the position of General Manager.

During her time at Schneider Electric India, Pooja played a pivotal role in supporting both Indian and international teams, driving strategic initiatives across various business units. Prior to her time at Schneider Electric, Pooja also gained valuable experience at INTEL.

“Happy to share that I’m starting a new position as Senior Vice President- Global Human Resources at Netradyne,” Pooja posted on Linkedin while announcing her appointment.

With a career spanning 18 years and encompassing key roles in multinational corporations, Pooja emphasizes the importance of continuous training in enhancing team effectiveness. She believes that investing in training programs enables teams to better adapt to evolving challenges and requirements, thereby bolstering overall capability and performance.

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B2B Marketeer

Anatomy of a High-Impact B2B Marketing Campaign: ObserveNow In Conversation with Tinu Thomas

Observenow Desk

New Delhi: In the dynamic landscape of B2B marketing, professionals navigate the intricate pathways of the consumer journey, leveraging strategies like content marketing and field marketing to engage their target audiences. Field marketing, with its cornerstone focus on event marketing, stands out as a pivotal tool in fostering meaningful connections and driving brand visibility.

Within this realm, successful campaigns serve as beacons of innovation, utilizing tailored approaches such as account-based marketing to captivate and convert prospects. These multifaceted tactics underscore the ever-evolving nature of B2B marketing, where adaptability and creativity reign supreme in achieving organizational objectives. In this regard Priyanka Chakraborty, ObserveNow interacted with Tinu Thomas, Performance and Growth Marketing Lead – India/South Asia.

Here are a few excerpts from the interview:

As a B2B marketer today, what are your primary areas of focus – is it your consumer journey, content marketing or field marketing practices?

As a B2B marketer today, my primary areas of focus are a combination of the consumer journey, content marketing, and field marketing practices. I believe it’s crucial to understand the customer’s journey and tailor marketing efforts accordingly. Content marketing plays a significant role in delivering valuable and relevant information to engage and educate prospects. Additionally, field marketing activities, such as events and trade shows, provide opportunities to connect with potential customers face-to-face and build relationships.

In a tech world today- redefine the purpose of Field marketing specifically event marketing for us? How are you leveraging it to its true potential?

In today’s tech world, the purpose of field marketing, specifically event marketing, has evolved. While it still serves the purpose of creating brand awareness and generating leads, it now goes beyond just that. Field marketing helps create immersive experiences, foster networking opportunities, and showcase products or solutions in a dynamic environment. By leveraging technology, such as virtual and hybrid events, we can reach a wider audience and enhance engagement, maximizing the true potential of event marketing.

How do you define a successful marketing campaign? How does it contribute to lead generation and customer acquisition now?

A successful marketing campaign is defined by its ability to achieve measurable results and contribute to lead generation and customer acquisition. It involves setting clear objectives, developing a compelling message, targeting the right audience, and using appropriate channels and tactics. It’s important to continuously measure and analyze campaign performance to ensure effectiveness and make necessary adjustments. Ultimately, a successful marketing campaign should generate qualified leads and convert them into customers.

B2B Marketers always looking for Innovative approaches for account based marketing, what do you think could be good new initiatives or activities to engage new Customers apart from existing activities?

B2B marketers are constantly seeking innovative approaches for account-based marketing (ABM) to engage new customers. Apart from existing activities, some good new initiatives could include personalized and targeted email marketing campaigns, account-based advertising using platforms like LinkedIn or Facebook, interactive content and tools tailored to individual prospects, and leveraging AI and predictive analytics for better segmentation and personalization.

How deep are B2B Marketers in India into Gen AI? Can you share a snippet from your journey and a general observation prediction in your opinion on the same?

B2B marketers in India are gradually embracing Gen AI, albeit at different stages of implementation. In my journey, I have observed a growing interest in leveraging artificial intelligence to enhance marketing efforts. Gen AI enables marketers to leverage automation, data analysis, and personalization at scale. It helps in understanding customer behavior, predicting their preferences, and creating tailored experiences. Looking ahead, I predict that B2B marketers in India will increasingly embrace AI-driven marketing technologies to gain a competitive edge and deliver more personalized and relevant experiences to their target audience.

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HR

Vedantas VP, Praveen Purohit, Unveils Bold Approaches to Talent Retention: Exclusive Interview with ObserveNow

Observenow Desk

New Delhi: In the ever-changing realm of business, companies understand the vital role of adopting a strategic method in acquiring and managing talent. The phrase “building today’s workforce for tomorrow” captures the essence of preparing for future obstacles through the identification, attraction, and retention of top-notch individuals.

The continual evolution of industries requires businesses to regularly update their teams, leading to the adoption of inventive hiring practices. To keep top performers in a fiercely competitive market, companies are exploring unconventional approaches, such as emphasizing professional growth, flexible work setups, and fostering a positive organizational culture, going beyond traditional compensation methods. In this regard Priyanka Chakraborty, ObserveNow interacted with Praveen Purohit, VP & Dy. Group CHRO, Vedanta Ltd.

What’s your organization’s approach to talent strategy and hiring? Is there a perfect recipe to get it all right or is it always a balanced view?

Although we take pride in our extensive focus on hiring from campus and internal talent development, we believe in maintaining a well thought of balance between both internally grown,  and externally sourced talent. Internally growing leaders have a comprehensive understanding of  our operations across locations, which helps them gain the big picture as a CXO. On the other  hand, externally brought talent – experts, and specialists, are critical to our people philosophy for  driving the next level of growth

As an HR leader, how do you ensure that the workforce you have today is the one you need  tomorrow? What is your master plan for the skills update of the team?

We have a strong focus on the right skills at the hiring level itself. Due to our state-of-the-art  facilities and operations involving explorations, and mining, it is imperative we have only the most  skilled workforce in place. Our constant focus is on creating a talent pool which is adept at using  technology, & AI to enhance productivity and deliver projects with a focus on quality, cost, and  timelines, using global benchmark tools and techniques.

To take things a step further, our vision is to collaborate with academia – “we will have to  equip our universities with the best curriculums and training”, so that they come with confidence  and hit the ground running.

What innovative approaches are businesses adopting to retain top talent in an increasingly  competitive market? How are they prioritizing employee well-being and career growth?

In order to be sustainable in this dynamic ecosystem and marketplace, it is very important for  us to keep evolving with innovative approaches and practices.

For us at Vedanta, some of the innovative and best in class approaches we have taken are  Stock Option plans as “wealth creation opportunities” with the potential to provide lucrative long term incentives for employees, Flexible Benefits which have helped employees design tailor-made  solutions to suit their work/lifestyle preferences, and benefits to ‘Go Green’. Every business  decision today must account for its the impact on ESG. This is also reflected in today’s young &  dynamic workforce who identify with being environmentally and socially aware. For instance, last  year, we announced a change to our company car policy – we became the first major Indian  corporate house to have an EV Policy for our entire workforce.

How do you approach diversity and inclusion in your hiring practices, particularly in the context  of hiring veteran workforce or Women returning to work?

DE&I is part of our ethos as a group. We have rich and varied representation across genders  & identities (LGBTQIA), people from geographically remote locations, various nationalities, and  even a diverse profile of leaders from Ex-Defence, and Family Business Backgrounds.

Developing Women Talent to become world-class leaders is embedded in our DNA as a  company. We have 100+ leaders in our flagship Women-leadership development program  through who are well positioned to become CXOs. Our policy for women returning to work is  industry-benchmarked and underlines our commitment to “Care” for our employees. Women can  take a 12-month sabbatical post-birth, ensuring job security and those choosing to work can opt  for WFH and flexible hours till the child turn two.

In what ways can your organization support and empower freshers to understand work life,  chart a path for them, and find their sense of purpose in alignment with the company’s vision?

We have an extensive induction & onboarding program for 2000+ annual campus hires. This  comprises of a digitally tracked journey we have co-designed with a global partner where every  fresher is mapped to an anchor and engages in both mentoring and reverse-mentoring  conversations over a digital platform for a full year. The journey involves multiple pulse surveys,  and dipsticks analyses along the way to gauge their enthusiasm. Freshers are highly empowered  by through various high impact projects, and also the chance to sit along with decisions making  bodies on a regular basis. Furthermore, our open door policy allows young leaders to step up and  interact with senior leaders seamlessly.

Is there any advice you would like to give to The new HR Professionals entering the industry?

My message would be: first, always look for a company that gives you growth – be it opportunities to execute large-scale projects, learn new areas / concepts or gives high exposure to senior leadership. Secondly, keep raising your hands, have constant focus on performance & outcome, and keep learning along the way. Finally, Be grounded and remember the 3Hs – be Humble, be Hungry, be Hard Working.

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Digital Native

Fruitoholic Raises INR 25 Crores in Fundraising Round Led by RightRoad Ventures

Observenow Desk

New Delhi: Fruitoholic, a fresh fruit brand, has successfully raised a total of INR 25 Crores in a recent fundraising round comprising both equity and debt financing. This milestone marks a significant step forward for the company as it continues its journey toward expansion and growth in the market.

The seed round investment, which contributed to the overall fundraising amount, was led by prominent industry leaders including CXOs of KFC, investment bankers, and other senior corporate professionals. Additionally, public institutions also participated in the fundraiser, demonstrating widespread support and confidence in Fruitoholic’s vision and potential.

Notably, the last round of fundraising was spearheaded by RightRoad Ventures, reaffirming their commitment to Fruitoholic’s growth trajectory. The investment will primarily fuel the brand’s expansion plans, facilitating its entry into two new cities while bolstering its presence in existing markets.

Fruitoholic, founded in 2021, has quickly emerged as a top-rated brand in the fresh fruit category, garnering widespread acclaim for its quality products and customer-centric approach. With an impressive track record of generating close to 30,000 orders every month, the company has witnessed exponential growth, recording a staggering INR 65 Crores in revenue over the past three years.

Furthermore, Fruitoholic’s remarkable achievement extends beyond revenue generation, as it has also achieved profitability, underscoring its sustainable business model and strategic operational capabilities.

Commenting on the successful fundraising round, the founders expressed gratitude towards investors and stakeholders for their unwavering support. They remarked, “We are thrilled to have received such overwhelming support from investors who share our vision for Fruitoholic. This funding will enable us to accelerate our expansion plans and further enhance our product offerings, thereby solidifying our position as a market leader in the fresh fruit segment.”

As Fruitoholic embarks on its next phase of growth, the company remains committed to delivering exceptional value to its customers while staying true to its mission of promoting health and wellness through the consumption of fresh and nutritious fruits.

In conclusion, Fruitoholic’s successful fundraising round signifies a major milestone in its journey towards becoming a household name in the food and beverage industry. With robust financial backing and a proven track record of success, the company is well-positioned to capitalize on emerging opportunities and drive continued growth in the market.

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BFSI

Reserve Bank of India Flags Unauthorized Payment System Linked to Card Network

Observenow Desk February 16, 2024

New Delhi: The Reserve Bank of India has raised concerns over a payment system associated with a card network that facilitates businesses to make card payments through specific intermediaries to entities not accepting card payments.

Upon investigation, it was found that this system qualifies as a payment system under the Payment and Settlement Systems (PSS) Act, 2007, requiring authorization, which was not obtained in this case, rendering the activity unauthorized.

Furthermore, the arrangement has raised apprehensions regarding the pooling of funds into non-designated accounts and non-compliance with KYC requirements.

This system has only been operationalized by one card network in the country. As a result of the ongoing examination, the card network has been instructed to suspend all such arrangements until further notice. It’s emphasized that normal usage of business credit cards remains unaffected by this directive.

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Education

Leo1 Education Excellence Awards 2024: Honoring Innovators in Indian Education

Observenow Desk

New Delhi: The Leo1 Education Excellence Awards 2024, organized by ObserveNow Media, was held on 9th February 2024 at Taj Palace, Mumbai. This event was organized to celebrate and honor exceptional education institutions and leaders for their noteworthy contributions to the education sector.

The awards ceremony was graced by the esteemed presence of Indian Cricket team Captain and Leo1 Brand Ambassador, Rohit Sharma. It honored leaders and institutions across 50+ categories, covering various aspects of higher education, school education, and preschool education, highlighting the diverse facets of educational excellence.

Among the Higher Education Awards, recognition was given to institutions for Excellence in Student Outreach, Engagement, and Digital Innovation, Remarkable Contributions in Curriculum Development and Online Teaching, as well as Innovation in Higher Education and Skills Enhancement. Noteworthy categories also included awards for Outstanding Engineering Institutes, CSR Excellence in Higher Education, and Most Innovative University/Institute in Global Collaboration through Digital Learning.

In the domain of School and Preschool Education, the Education Excellence Awards acknowledged Iconic Leadership, Outstanding Digital Educators, and Most Emerging Leaders in School Education. Categories also encompassed awards for Innovative Digital Educators, Excellence in Innovative Teaching and Learning Practices, and Entrepreneurship in Pre-School Education.

The following were presented the awards:

Shaunik Singh, Head Business Development received the awards on behalf of Inter National Institute of Fashion Design,INIFD for the award category “Outstanding Institute in Fashion Design 2024”

Praneet Swaroop, Director, received the award on behalf of Seicom Degree College for the award category “Outstanding Institute in Research & Development 2024”

Karunesh Bhardwaj, Chairman received the award on behalf of Delhi Global Public School for the award category “Excellence in Student Outreach, Engagement and Digital Innovation 2024”

Dr.Dhananjay Hari Lad, Research Director received the award on behalf of Prakash Institute of Medical Sciences and Research for the award category “Distinguished Medical Education Achievement Award 2024”

E. Anthony Reddy, Chairman received the award on behalf of St. Anthony group of Schools for the awards category “Most Impactful Institute in Digital Infrastructure 2024”

Dr. Ruchie Vishnoi, Director, Sheffield School received award for category “Most Emerging Leader in School Education 2024”

Sirish Turlapati, CMD, Floret Group of Schools received the award for the category “Iconic Leadership Award in Pre-School Education 2024”

Ghanshyam Chawla, Founder, Prodigee Finance received the award for the category “Remarkable influencer in Digital Finance of the Year 2024”

Dr. Harpreet Saluja, Chairman received the award on behalf of Sam Global University for the award category “Outstanding in STEM Education 2024”

Gaurav Tiwari, Pro Chancellor received the award on behalf of Mansarovar University for the award category “Most Promising University 2024”

Anupam Chouksey, Secretary received the award on behalf of LNCT Group of Colleges for the award category “Best College for Engineering Placements 2023”

Vivek Lodha, Founder received the award on behalf on behalf of Young India, Handball Premier league for the award category “Remarkable Contribution in Entrepreneurship 2024”

Dr. Kamal Ghanshala, President received the award on behalf of Graphic Era University for the award category “Outstanding Teaching Excellence Award 2024”

Praneeth Penumadu, Director, Edify School Tirupati received the award for “Excellence in Teaching Practices 2023”

Dr. Pallavi Tomar Mishra, Director received the award on behalf of NIMS University for the award category “Most Innovative University/Institute in Global Collaboration through Digital Learning 2024”

Dr. Sendil Kumar B, Dean received the award on behalf of Vinayaka Missions Research Foundation University for the award category “Outstanding Institute in Learning Initiative and Skill Development 2024”

Arvind Agarwal, President, Arya Group of Colleges received the award for “Iconic Leader of the year 2024”

Puja Agarwal, Director, Arya Group of Colleges received the award for “Women Entrepreneur of the year”

Sooraj Sharma, Chairman received the award on behalf of Ramachandran International Institute Of Management for the award category “Outstanding Institute with Best Infrastructure for the year 2024”

Sudhakar Rao, Director received the award on behalf of ICFAI Group for the award category “Education Excellence Award 2024”

Vikas Singh, Founding Vice Chancellor, received the award on behalf of Geeta University for the award category “Education Excellence Award 2024”

Srikanth Koganti, Director, received the award on behalf of Kennedy School for the award category “Education Excellence Award 2024”

Praveen Tyagi, Managing Director, received the award on behalf of IIT Pace for the award category “Education Excellence Award 2024”

 Christo Joseph, Director, received the award on behalf of Christo Joseph, Director for the award category “Education Excellence Award 2024”

Vivek Vemuru, Director received the award on behalf of Accord School for the award category “Education Excellence Award 2024”

Anirban Aditya, Group Chairman received the award on behalf of Aditya Group for the award category “Education Excellence Award 2024”

Priya Sengupta, Founder & CEO received the award on behalf of Life Vitae for the award category “Education Excellence Award 2024”

Kiranjeet Singh, CEO received the award on behalf of Vibgyor Schools for the award category “Education Excellence Award 2024”

GN Var, President received the award on behalf of Private School Association of Jammu and Kashmir for the award category “Education Excellence Award 2024”

Sundar Ramakrishnan, Joint Managing Trustee received the award on behalf of SNR AND SONS CHARITABLE TRUST for the award category “Education Excellence Award 2024”

 Nishant Bansal, Co-Founder received the award on behalf of Geeta University for the award category “Education Excellence Award 2024”

Dr. Toolika Gupta, Director received the award on behalf of Indian institute of Crafts and Design for the award category “Education Excellence Award 2024”

Dolamani Sahu, Director received the award on behalf of Indian Institute Of Gems And Jewellery for the award category “Education Excellence Award 2024”

Gursimran Singh Oberoi, Founder & MD received the award on behalf of Institute Of Professional Banking for the award category “Education Excellence Award 2024”

Himanshu Kucchal, Director received the award on behalf of Shreejee International School for the award category “Education Excellence Award 2024”

Shyam Mohan Gupta, Co-Founder received the award on behalf of Vidya Mandir Classes School for the award category “Education Excellence Award 2024”

Bhupesh Gupta, Advisor received the award on behalf of Private School Association of Jammu and Kashmir for the award category “Education Excellence Award 2024”

Pramod Thatoi, Director received the award on behalf of Millennium Group of Schools for the award category “Education Excellence Award 2024”

Shubham Sharma, Managing Director received the award on behalf of Rd Engineering College for the award category “Education Excellence Award 2024”

Yigal Banker, Director received the award on behalf of Rahul International School for the award category “Education Excellence Award 2024”

Dr. Sneha Nalla, Director received the award on behalf of Nalla Malla Reddy Foundation School for the award category “Education Excellence Award 2024”

 

Sanjay Thareja, Founder & CEO received the award on behalf of The Gurukul for the award category “Education Excellence Award 2024”

Devidutta Kanungo, CEO received the award on behalf of Radcliffe Group of Schools for the award category “Education Excellence Award 2024”

Dr. Sudhir Gavhane, Former Vice Chancellor received the award on behalf of MGM University & YCOMOU for the award category “Education Excellence Award 2024”

Sirisha Reddy, Director received the award on behalf of GSR Group for the award category “Education Excellence Award 2024”

Jitendra Thakur, Founder & CEO received the award on behalf of Thakur Educational Trust Group for the award category “Education Excellence Award 2024”

Abhay G. Chebbi, Pro Chancellor received the award on behalf of Alliance University for the award category “Education Excellence Award 2024”

Tarun Anand, Chancellor & Founder received the award on behalf of Universal AI University for the award category “Education Excellence Award 2024”

Mahesh Goudar, Director received the award on behalf of MIT Academy of Engineering for the award category “Education Excellence Award 2024”

Dr. Vinay Agrawal, Chancellor & Founder received the award on behalf of ISBM University for the award category “Education Excellence Award 2024”

Dr. Akhil Shahani, Managing Director received the award on behalf of The Shahani Group for the award category “Education Excellence Award 2024”

Dr. B. Ravi Kumar Jain, Founder & Director received the award on behalf of Sparsh Global Business School for the award category “Education Excellence Award 2024”

Prachi Jain, Managing Director received the award on behalf of Bhagwan Mahavir University for the award category “Education Excellence Award 2024”

Dr. Sanjay Padole, President received the award on behalf of Vijaybhoomi University for the award category “Education Excellence Award 2024”

Maj. Gen Bd Wadhwa (Retd), AVSM, Pro Chancellor received the award on behalf of IILM University for the award category “Education Excellence Award 2024”

Sudhakar Rao, Director received the award on behalf of ICFAI Group for the award category “Education Excellence Award 2024”

The Leo1 Education Excellence Awards 2024 was a distinguished corporate event, bringing together leaders, educators, and institutions dedicated to shaping the future of education in India. The awards aimed to celebrate those who showcased outstanding commitment to educational innovation and excellence, recognizing both individuals and institutions.

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BFSI

Fintech Lender FlexiLoans Secures Rs 60 Crore Debt Investment from Vivriti Asset Management to Fuel MSME Growth

Observenow Desk

New Delhi: FlexiLoans, a Mumbai-based fintech company catering to MSMEs, has recently raised Rs 60 crore through non-convertible debt from Vivriti Asset Management, marking a return to fundraising after nearly two years. 

The investment, facilitated by the issuance of 6,000 non-convertible debentures, with an interest rate of 12.9% per annum and a 31-month tenure, aims to support the company’s ongoing operations. Founded by Deepak Jain, Manish Lunia, Ritesh Jain, and Abhishek Kothari, FlexiLoans leverages its digital lending platform, powered by proprietary technology and risk assessment models, to provide collateral-free funds to MSMEs within 48 hours. 

With a network of over 120 partners, including major players like Amazon and Flipkart, FlexiLoans has amassed over $115 million in funding to date, combining both equity and debt. The company’s robust financial performance in FY23, with a revenue surge of 110.7% and turning profitable according to TheKredible, underscores its momentum in the market.

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BFSI

Virendra Bansal Assumes Leadership Role as MD & CEO, SBICAPS

Observenow Desk

New Delhi: In a strategic move aimed at bolstering its investment banking capabilities, SBI Capital Markets Limited (SBICAPS), the renowned subsidiary of the State Bank of India (SBI), has appointed Virendra Bansal as its new Managing Director and Chief Executive Officer (MD & CEO).

With over three decades of distinguished service within the SBI ranks, Bansal brings a wealth of experience and expertise to his new role. Having held pivotal positions across various domains such as Credit, International Banking, and Retail Banking, Bansal’s appointment signifies a deliberate effort by SBICAPS to leverage internal talent and foster growth from within the organization.

Prior to assuming this esteemed leadership position, Bansal served as the Country Head for SBI’s US Operations, where he demonstrated remarkable acumen in navigating complex financial landscapes and fostering strategic partnerships across borders. His tenure in the US and the UK has equipped him with invaluable insights into global banking practices, which are poised to play a pivotal role in SBICAPS’ expansion efforts both in India and abroad.

Bansal’s appointment comes at a crucial juncture for SBICAPS, as the organization aims to consolidate its position as a premier investment banking institution in India and reinforce its presence on the global stage. His visionary leadership and proven track record are expected to catalyze SBICAPS’ growth trajectory, empowering the organization to navigate the evolving financial landscape with confidence and resilience.

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Governance

West Bengal Government Announces Key Administrative Appointments, 2 IAS transferred

Observenow Desk

New Delhi: In a significant move aimed at bolstering administrative efficiency, the Government of West Bengal has unveiled a recent directive appointing seasoned bureaucrats to pivotal roles within the state’s administrative apparatus.

Anil Verma, IAS Officer from the 1989 batch in West Bengal, has been entrusted with multiple responsibilities. Serving as the Additional Chief Secretary of the Agricultural Marketing Department, Verma will now assume the esteemed position of Chairman of the West Bengal Valuation Board. Additionally, he will take on the mantle of Director General of the esteemed Netaji Subhas Administrative Training Institute, further enhancing his engagement in shaping the future cadre of civil servants in the state.

Meanwhile, Onkar Singh Meena, a bureaucrat from the 1997 batch of the IAS in West Bengal, has been entrusted with an expanded portfolio. In addition to his current role as Principal Secretary of the Agriculture Department, Meena will now shoulder the added responsibility of Principal Secretary of the Agriculture Marketing Department, leveraging his expertise to drive growth and innovation in agricultural marketing strategies across the state.

These strategic appointments underscore the state government’s commitment to optimizing administrative capabilities and fostering sustainable development across diverse sectors, further cementing West Bengal’s position as a frontrunner in effective governance and progressive policy implementation.

Tags: Governance

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