New Delhi: Retired bureaucrat Rajiv Kumar became once appointed the Election Commissioner on Friday somewhat than Ashok Lavasa, who has resigned.
President Ram Nath Kovind cleared Kumar’s appointment with cease from the date of his assuming dwelling of job. Kumar’s appointment somewhat than Lavasa can be advantageous from 31 August.
Kumar, a retired 1984-batch IAS officer of the Jharkhand cadre, will have a 5-300 and sixty five days tenure and retire in 2025. He’s at possibility of preside over the next Lok Sabha polls in 2024.
In conserving with rules, an election commissioner has six years on the post or till he turns 65, whichever is earlier. Kumar became once born in February, 1960.
“In pursuance of clause (2) of Article 324 of the Constitution, the president is joyful to nominate Shri Rajiv Kumar, (IAS retired) as the election commissioner with cease from the date he assumes the dwelling of job vice Shri Ashok Lavasa, election commissioner who has resigned with cease 31 August,” an official notification of the Ministry of Legislation and Justice acknowledged.
Kumar is currently the chairperson of the Public Enterprises Selection Board (PESB). His tenure, which started on 29 April, became once to waste on 28 April 2023.
He had earlier served as the finance secretary from 1 September 2017 to 29 February 2020. He has served the finance ministry and heaps of ministries of the central authorities since March 2012.
Kumar has been credited with bringing in key reforms in banking and forms throughout his stints within the finance and personnel ministries.
He took over as the secretary within the Division of Monetary Services in September 2017, when many of the public sector banks, including the Explain Bank of India, had been in losses.
Kumar introduced in traditional adjustments within the banking sector and completed the biggest characteristic in merging 10 public sector banks into four, officials acknowledged.
All the map by his two-and-a-half of-300 and sixty five days stint as the monetary services and products secretary, several coverage choices had been taken to promote responsive and responsible banking, they added.
A huge Rs 3 lakh crore recapitalisation of banks became once undertaken throughout Kumar’s tenure.
He became once also instrumental in streamlining the promotion and appointments performed by the Appointments Committee of the Cabinet (ACC), the officials acknowledged.