The Banks Board Bureau (BBB), the headhunter for state-owned banks and financial institutions, on Saturday recommended S. Ramann and Shivendra Tomar for the posts of chairman and managing director and managing director of Sidbi and IFCI, respectively.
The members of the Banks Board Bureau interviewed 20 candidates on December 4 and 5 for the vacancy of chairman and managing director (CMD) of Small Industries Development Bank of India (Sidbi), the BBB said in a statement.
“Keeping in view their performance in the interview and their overall experience, the bureau recommends S. Ramann for the position,” it said.
Ramann, a 1991-batch Indian Audit & Accounts Service officer, is currently CEO of National E-Governance Services Limited (NeSL), India’s first Information Utility.
The Bureau has recommended Shivendra Tomar for the post of MD and CEO of IFCI. Tomar is now the managing director of IFCI Venture Capital Funds, a subsidiary of IFCI.
As many as five candidates appeared for the position of the managing director of IFCI.
BBB is headed by B.P. Sharma, former department of personnel and training secretary.
The government in 2016 had approved the constitution of BBB as a body of eminent professionals and officials to make recommendations for appointment of whole-time directors as well as non-executive chairpersons of public sector banks.
