David Rasquinha, who is currently Deputy Managing Director of Exim Bank of India, has been appointed as Managing Director of the bank. This appointment will be valid for a period of three years.
The Appointments Committee of the Cabinet has given its nod for elevation of Rasquinha to the post of Managing Director, official sources said. A formal order in this regard is expected from the Department of Financial Services in the Finance Ministry in the next few days, they said.
srivats.kr@thehindu.co.in