Institutional Leadership and Governance Transitions: UPSC Current Affairs Analysis & Study Strategy

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GS-2GS-37 sub-themes Β· 28 news items

Key Takeaways

  • The Vice President's electoral college uniquely includes nominated MPs, unlike the President's.
  • NALSA's leadership tradition places the second senior-most SC judge as Executive Chairman to bridge the judiciary and legal aid.
  • Regulatory bodies (SEBI, CCI, IBBI) are seeing a trend of inter-ministerial ex-officio representations (e.g., Law Secretary in IBBI).
  • Corporate leadership in India is increasingly shifting towards demerged, specialized entities (e.g., Tata Motors' split into CV and PV divisions).

In-Depth Analysis

The Big Picture

The series of high-level appointments across constitutional, statutory, and corporate sectors in 2025-26 reflects a broader effort to stabilize governance frameworks amidst economic and regulatory evolution. From the election of the 15th Vice President to the restructuring of market regulators like SEBI and CCI, these transitions aim to balance administrative continuity with specialized expertise. This period marks a transition where seasoned bureaucrats and judicial experts are being strategically placed to navigate complex regulatory landscapes such as insolvency (IBBI) and digital transformation (RBIH).

Cross-Theme Insight

Together, these threads reveal a 'hybridization' of leadership where the lines between purely bureaucratic, judicial, and corporate expertise are blurring. For instance, the appointment of a sitting Supreme Court judge to NALSA (Thread 1) alongside a former bureaucrat as CIC (Thread 5) and a private-sector expert at the helm of the RBI Innovation Hub (Thread 5) demonstrates a move towards 'functional specialization'. This ensures that regulatory bodies are led by individuals who possess both the legal authority and the domain-specific agility required for modern governance.

Textbook vs Reality Gap

While standard textbooks like Laxmikanth (7th ed., Chapter 62) state that the CIC is a statutory body with a tenure and salary determined by the 2005 RTI Act, subsequent amendments and actual practice (like Raj Kumar Goyal's appointment in 2025) highlight the executive's increasing role in tenure management. Similarly, textbooks define NALSA's structure (Laxmikanth, Chapter 38, p. 374), but the 2025 appointment of Justice Surya Kant reinforces the unwritten 'seniority tradition' that is not explicitly detailed as a statutory mandate but remains a core constitutional convention.

How This Theme Is Evolving

In 2025-26, the trajectory has moved from mere 'vacancy filling' to 'strategic restructuring,' evidenced by the demerger-led appointments at Tata Motors and the digital-first leadership choices at Kanodia Group and RBIH. The focus is increasingly on digital transformation and global integration, particularly in financial and industrial leadership.

UPSC Exam Intelligence

Previous Year Question Pattern

UPSC consistently tests the 'composition' and 'nature' (Constitutional vs. Statutory) of these bodies. For example, CDS-I 2017 (nid:12419) and NDA-II 2012 (nid:16171) focused on the specific composition of the Vice President's electoral college (members of both houses). Recent CAPF 2023 (nid:17244) questions on the CIC indicate a shift toward testing the maximum number of commissioners and their eligibility for reappointment.

Probable Prelims Angles

  • Composition of the Vice-Presidential electoral college: includes both elected and nominated members of both Houses.
  • The role of the second senior-most Supreme Court judge as the Executive Chairman of NALSA.
  • Statutory status of the Competition Commission of India (CCI) and the Insolvency and Bankruptcy Board of India (IBBI).
  • Term limits and appointment authorities for the Chief Information Commissioner (CIC) under the RTI (Amendment) Act.
  • The distinction between the Vice President's role as Chairman of Rajya Sabha and their role as VP (Article 64 vs 63).

Mains Answer Framework

  • The effectiveness of India’s democratic and economic governance is fundamentally tied to the integrity and professionalism of its leadership across constitutional and regulatory institutions.
  • Constitutional Continuity: Analyzing the election of the Vice President (e.g., C.P. Radhakrishnan) as a pillar of parliamentary stability.. Regulatory Autonomy vs. Executive Discretion: Discussing the impact of bureaucrat-led appointments in statutory bodies like the CIC and FSSAI on institutional independence.. Corporate Governance Synergy: How leadership shifts in major firms (Tata Motors, Temasek) and industry bodies (FICCI) influence FDI inflows and sectoral policy implementation.
  • To achieve 'Viksit Bharat 2047', these institutions must evolve from passive regulators to proactive facilitators of growth and justice through transparent and merit-based leadership.

Essay Connections

  • 'The quality of an institution is but a reflection of its leadership' β€” Use the transitions in NALSA, SEBI, and R&AW as case studies in institutional resilience.

Preparation Strategy

Reading Approach

Begin with Laxmikanth for the constitutional and statutory frameworks of the VP, CIC, and NALSA. Then, layer these with the 2025 news items to understand how the current executive (ACC) applies these laws to modern administrative needs.

Textbook Roadmap

  • Indian Polity, M. Laxmikanth (7th ed.), Chapter 19. Thread 5: Vice-Presidential Election. Election process, Article 66, and disputes settlement by Supreme Court.
  • Indian Polity, M. Laxmikanth (7th ed.), Chapter 38. Thread 1: NALSA Appointment. Structure of NALSA and the role of the Patron-in-Chief vs. Executive Chairman.
  • Indian Polity, M. Laxmikanth (7th ed.), Chapter 62. Thread 5: CIC Appointment. Statutory nature of CIC and the selection committee composition (PM, Leader of Opposition, Union Cabinet Minister).

Revision Bullets

  • 15th Vice President: C.P. Radhakrishnan (elected Sept 9, 2025).
  • NALSA Executive Chairman: Justice Surya Kant (effective May 14, 2025).
  • New CIC: Raj Kumar Goyal (Sworn in by President Murmu, Dec 16, 2025).
  • R&AW Chief: Parag Jain (2-year term starting July 1, 2025).
  • CCI & NFRA Chairperson: Ravneet Kaur (holds additional charge of NFRA).
  • SEBI Executive Director: Sunil Jayawant Kadam (appointed July 2025).
  • Temasek India Chairman: Piyush Gupta (effective Dec 1, 2025).

Sub-Themes and News Coverage (7 themes, 28 news items)

Leadership Transitions in Major Indian Institutions

Focus: Appointments and election results for top leadership positions in Indian constitutional offices, regulatory authorities, industry bodies, and political parties.

UPSC Value: Understanding leadership changes in key institutions is essential for analyzing shifts in governance, policy priorities, and the political-economic landscape of India.

5 news items in this theme:

  • 2026-01-20 [Polity & Governance] β€” Nitin Nabin appointed BJP National President
    Nitin Nabin was appointed as the youngest president of the BJP.
    More details

    UPSC Angle: Not exam-relevant

    Key Facts:

    • Nitin Nabin
    • BJP: Bharatiya Janata Party
  • 2025-10-17 [Economy] β€” Anant Goenka Named FICCI President-Elect for 2025-26
    Anant Goenka, Vice Chairman of RPG Group, was announced as President-Elect of FICCI for 2025-26, succeeding Harsha Vardhan Agarwal.
    More details

    UPSC Angle: Not exam-relevant

    Key Facts:

    • Anant Goenka
    • FICCI
    • President-Elect
    • 2025-26
    • RPG Group
    • Harsha Vardhan Agarwal
  • 2025-09-10 [Polity & Governance] β€” 15th Vice President of India
    C.P. Radhakrishnan has been elected as the 15th Vice President of India, defeating Justice B. Sudershan Reddy in the election held on September 9, 2025. He was previously Governor of Maharashtra, Jharkhand, and held additional charge of Telangana & Puducherry.
    More details

    UPSC Angle: C.P. Radhakrishnan elected as the 15th Vice President of India.

    Key Facts:

    • CP Radhakrishnan
    • 15th Vice President of India
    • Defeated Justice B. Sudershan Reddy
    • Election held on September 9, 2025
    • Born on 20 October 1957 in Tiruppur, Tamil Nadu
    • Previously Governor of Maharashtra, Jharkhand, and held additional charge of Telangana & Puducherry
    • C.P. Radhakrishnan
    • Vice-President of India
    • 452 votes
    • B. Sudershan Reddy
    • 300 votes
    • 2047
  • 2025-09-09 [Polity & Governance] β€” PM Modi to Cast First Vote in Vice-Presidential Election
    Prime Minister Narendra Modi is scheduled to cast the first vote in the vice-presidential elections. Union Ministers Kiren Rijiju and Ram Mohan Naidu, along with Shiv Sena MP Shrikant Shinde, have been appointed as election agents.
    More details

    UPSC Angle: Not exam-relevant

    Key Facts:

    • Prime Minister Narendra Modi
    • Vice-Presidential election
    • Kiren Rijiju
    • Ram Mohan Naidu
    • Shrikant Shinde
    • Election agents
  • 2025-04-03 [Polity & Governance] β€” Sivasubramanian Ramann Appointed as New Chairperson of PFRDA
    Sivasubramanian Ramann has been appointed as the new Chairperson of the Pension Fund Regulatory and Development Authority (PFRDA) for a tenure of five years. He is currently the Deputy Comptroller & Auditor General (CAG) and Chief Technology Officer at the CAG of India.
    More details

    UPSC Angle: Sivasubramanian Ramann appointed as Chairperson of PFRDA.

    Key Facts:

    • Sivasubramanian Ramann
    • Chairperson of PFRDA
    • Tenure of five years

Corporate Leadership and KMP Transitions in India

Focus: Appointments and resignations of Key Managerial Personnel (KMP) and senior executives across various Indian corporate sectors.

UPSC Value: Significant for understanding corporate governance standards and the regulatory requirements for listed companies under the Companies Act, 2013.

5 news items in this theme:

  • 2026-01-16 [Economy] β€” AVI Products India Limited Announces Key Appointments
    AVI Products India Limited announced organizational changes on January 16, 2026, including the appointment of Mrs. Shanu Jain as Company Secretary and Compliance Officer. The changes follow a board meeting and include the appointment of two new directors for five-year terms and the reappointment of statutory auditors.
    More details

    UPSC Angle: Not exam-relevant

    Key Facts:

    • AVI Products India Limited announced organizational changes on January 16, 2026
    • Mrs. Shanu Jain appointed as Company Secretary and Compliance Officer
    • Two new directors appointed for five-year terms
    • Reappointment of statutory auditors
    • Changes follow board meeting
  • 2026-01-16 [Economy] β€” NITCO Limited Announces Key Management Changes
    NITCO Limited announced key leadership changes on January 14, 2026, appointing Mr. Bikash Jain as CFO and Mrs. Rupali Swami Kambli as Company Secretary, effective January 16, 2026. The appointments follow Mrs. Geeta Shah's resignation due to international relocation.
    More details

    UPSC Angle: Not exam-relevant

    Key Facts:

    • NITCO Limited announced key management changes on January 14, 2026
    • Mr. Bikash Jain appointed as CFO, effective January 16, 2026
    • Mrs. Rupali Swami Kambli appointed as Company Secretary, effective January 16, 2026
    • Appointments follow Mrs. Geeta Shah's resignation
    • Both appointees designated as Key Managerial Personnel under the Companies Act, 2013
  • 2025-12-24 [Economy] β€” Resignation of Company Secretary and Compliance Officer at Concord Biotech
    Ms. Hina Patel has resigned from her position as Company Secretary and Compliance Officer at Concord Biotech Limited, effective January 21, 2026. The resignation was communicated to stock exchanges on December 24, 2025, and Ms. Patel is leaving to pursue opportunities outside the organization.
    More details

    UPSC Angle: Not exam-relevant

    Key Facts:

    • Ms. Hina Patel resigned from her position as Company Secretary and Compliance Officer at Concord Biotech Limited.
    • The resignation is effective January 21, 2026.
    • The resignation was communicated to stock exchanges on December 24, 2025.
  • 2025-12-12 [Economy] β€” Kanodia Group Appoints New CIO
    Kanodia Group appointed Amman Walia as its new Group Chief Information Officer (CIO) to lead its digital transformation.
    More details

    UPSC Angle: Not exam-relevant

    Key Facts:

    • Company: Kanodia Group
    • New appointment: Amman Walia
    • Title: Group Chief Information Officer (CIO)
    • Experience of Walia: Twenty years in digital transformation, IT strategy and artificial intelligence
  • 2025-09-29 [Economy] β€” Tata Motors Appoints New MD & CEO
    Tata Motors has appointed Shailesh Chandra as its new Managing Director and CEO, effective October 1, 2025, for a three-year term. Girish Wagh will become MD & CEO of TML Commercial Vehicles Ltd., overseeing the commercial vehicle division as part of the company's demerger.
    More details

    UPSC Angle: Not exam-relevant

    Key Facts:

    • Tata Motors MD & CEO: Shailesh Chandra
    • Effective Date: October 1, 2025
    • Term: Three years
    • MD & CEO of TML Commercial Vehicles Ltd: Girish Wagh

Leadership Transitions in Indian Statutory and Public Sector Organizations

Focus: High-level leadership transitions within Indian government agencies, statutory bodies, and public sector undertakings.

UPSC Value: Relevant for the 'Appointments to various Constitutional posts' and 'Important aspects of governance' sections of the UPSC General Studies Paper-II.

4 news items in this theme:

  • 2025-12-16 [Polity & Governance] β€” Former bureaucrat Raj Kumar Goyal appointed as new CIC
    Former bureaucrat Raj Kumar Goyal was appointed as the new Chief Information Commissioner (CIC). President Droupadi Murmu administered the oath of office to Raj Kumar Goyal.
    More details

    UPSC Angle: Raj Kumar Goyal appointed as the new Chief Information Commissioner (CIC).

    Key Facts:

    • Raj Kumar Goyal: New Chief Information Commissioner (CIC)
    • Appointed by: President Droupadi Murmu
  • 2025-07-04 [Economy] β€” Sahil Kini Appointed as CEO of RBIH
    Sahil Kini has been appointed as the new CEO of the Reserve Bank Innovation Hub (RBIH), succeeding Rajesh Bansal.
    More details

    UPSC Angle: Not exam-relevant

    Key Facts:

    • Sahil Kini
    • CEO
    • Reserve Bank Innovation Hub (RBIH)
    • Rajesh Bansal
  • 2025-07-01 [Polity & Governance] β€” Parag Jain Appointed as R&AW Chief
    Parag Jain, a senior IPS officer, was appointed as the new chief of the Research and Analysis Wing (R&AW) on June 28, 2025. He will assume office on July 1, 2025, for a fixed two-year term, succeeding Ravi Sinha. He currently heads the Aviation Research Centre (ARC).
    More details

    UPSC Angle: Parag Jain appointed as the new chief of R&AW.

    Key Facts:

    • Parag Jain appointed R&AW chief on June 28, 2025
    • 1989-batch IPS officer from Punjab cadre
    • Succeeds Ravi Sinha
    • Fixed two-year term
    • Heads Aviation Research Centre (ARC)
  • 2025-03-10 [Polity & Governance] β€” Vikas Kaushal Appointed as HPCL CMD
    Vikas Kaushal was appointed as the Chairman and Managing Director (CMD) of Hindustan Petroleum Corporation Limited (HPCL).
    More details

    UPSC Angle: Not exam-relevant

    Key Facts:

    • Vikas Kaushal: Appointed as HPCL CMD

Strategic Leadership Shifts in India-Linked Global Finance and Industrial Sectors

Focus: High-level executive appointments and leadership transitions occurring in 2025 across major financial institutions and industrial sectors (automotive) with significant ties to the Indian economy.

UPSC Value: Understanding corporate leadership trends is essential for analyzing shifts in sectoral priorities, foreign investment strategies (like Temasek's $10B plan), and the influence of Indian executives in global corporate governance.

4 news items in this theme:

  • 2025-11-30 [Economy] β€” Appointment at Temasek India
    Piyush Gupta, former DBS CEO, has been appointed Chairman of Temasek India effective December 1, 2025. Temasek earlier announced plans to invest US$10 billion in India over the next three years, expanding its US$40 billion India portfolio.
    More details

    UPSC Angle: Not exam-relevant

    Key Facts:

    • Piyush Gupta appointed Chairman of Temasek India
    • Effective date: December 1, 2025
    • Temasek plans to invest US$10 billion in India over the next three years
    • Temasek's India portfolio: US$40 billion
  • 2025-09-05 [Economy] β€” Kaustubh Kulkarni Appointed Co-Head of Investment Banking
    Citibank has appointed Kaustubh Kulkarni as Co-Head of Investment Banking for Asia-Pacific, covering Japan, North Asia, Australia, and South Asia; he will join in December 2025 and be based in Singapore. Citi also appointed Deepak Dangayach as MD & Co-Head of Debt Capital Markets for Asia and Australia, and earlier hired Vikram Chavali as MD, Head of Global Asset Managers for Japan, Asia, and Australia.
    More details

    UPSC Angle: Not exam-relevant

    Key Facts:

    • Kaustubh Kulkarni: Co-Head of Investment Banking for Asia-Pacific (Citibank)
    • Joins: December 2025
    • Based in: Singapore
    • Deepak Dangayach: MD & Co-Head of Debt Capital Markets for Asia and Australia (Citibank)
    • Vikram Chavali: MD, Head of Global Asset Managers for Japan, Asia, and Australia (Citibank)
  • 2025-08-07 [Economy] β€” PB Balaji Appointed CEO of Jaguar Land Rover
    PB Balaji's appointment as CEO of Jaguar Land Rover (JLR) signals a strategic reset for Tata Motors, aimed at integrating JLR into broader growth plans.
    More details

    UPSC Angle: Not exam-relevant

    Key Facts:

    • PB Balaji appointed CEO of Jaguar Land Rover.
  • 2025-03-15 [Economy] β€” Arun Mammen Elected as Chairman of ATMA
    Arun Mammen, Vice-Chairman and Managing Director of MRF Ltd., has been elected as the new Chairman of the Automotive Tyre Manufacturers' Association (ATMA). This transition occurs as ATMA celebrates its Golden Jubilee Year (2025).
    More details

    UPSC Angle: Not exam-relevant

    Key Facts:

    • Chairman of ATMA: Arun Mammen
    • Designation: Vice-Chairman and Managing Director of MRF Ltd.
    • ATMA Golden Jubilee Year: 2025

High-Level Regulatory and Statutory Appointments

Focus: Appointments of executive leadership across key Indian regulatory bodies (SEBI, CCI, IBBI, FSSAI).

UPSC Value: Tracks the administrative leadership transitions in statutory bodies essential for governance and policy implementation.

4 news items in this theme:

  • 2025-08-25 [Polity & Governance] β€” Rajit Punhani Appointed as CEO of FSSAI
    The Appointments Committee of the Cabinet (ACC), headed by Prime Minister Narendra Modi, approved the appointment of Rajit Punhani, a 1991 batch Indian Administrative Service (IAS) officer of the Bihar cadre, as the Chief Executive Officer (CEO) of the Food Safety & Standards Authority of India (FSSAI). Punhani succeeds Ganji Kamala V. Rao upon his retirement on August 31, 2025.
    More details

    UPSC Angle: Not exam-relevant

    Key Facts:

    • Rajit Punhani, a 1991 batch IAS officer of the Bihar cadre, was appointed CEO of FSSAI.
    • Punhani was Secretary in the Ministry of Skill Development & Entrepreneurship (MSDE).
    • Punhani succeeds Ganji Kamala V. Rao.
    • Rao retired on August 31st, 2025.
  • 2025-08-01 [Polity & Governance] β€” Anju Rathi Rana Appointed as Ex-Officio Member of IBBI
    Anju Rathi Rana, the current Law Secretary, has been appointed as an ex-officio member of the Insolvency and Bankruptcy Board of India (IBBI). This appointment provides representation to the Ministry of Law & Justice on the IBBI Board.
    More details

    UPSC Angle: Anju Rathi Rana appointed as ex-officio member of IBBI.

    Key Facts:

    • Anju Rathi Rana appointed as ex-officio member of IBBI.
  • 2025-07-06 [Polity & Governance] β€” Sunil Jayawant Kadam Appointed as Executive Director of SEBI
    Sunil Jayawant Kadam has been appointed as the new Executive Director of the Securities and Exchange Board of India (SEBI). He will oversee key departments including Information Technology, Office of Investor Assistance and Education, Economic and Policy Analysis, General Services, Board Cell, RTI & PQ Cell, and matters related to the National Institute of Securities Markets (NISM).
    More details

    UPSC Angle: Not exam-relevant

    Key Facts:

    • Name: Sunil Jayawant Kadam
    • Position: Executive Director
    • Organization: Securities and Exchange Board of India (SEBI)
    • Responsibilities: Overseeing IT, Investor Assistance, Economic Policy, General Services, Board Cell, RTI, and NISM
  • 2025-04-04 [Polity & Governance] β€” Appointments at CCI and NFRA
    Ravneet Kaur was appointed as the Chairperson of the Competition Commission of India (CCI), with additional charge as Chairperson of the National Financial Reporting Authority (NFRA).
    More details

    UPSC Angle: Ravneet Kaur appointed CCI Chairperson with NFRA additional charge.

    Key Facts:

    • Ravneet Kaur was appointed as the Chairperson of the Competition Commission of India (CCI).
    • She also has additional charge as Chairperson of the National Financial Reporting Authority (NFRA).

Senior Leadership Transitions in Indian Statutory and Public Bodies

Focus: Official administrative actions regarding the appointment, additional charge, or tenure extension of high-ranking officials in Indian statutory authorities and public sector undertakings.

UPSC Value: Relevant for studying the administrative structure and leadership of statutory, regulatory, and quasi-judicial bodies under the Governance section of the GS-II syllabus.

3 news items in this theme:

  • 2025-07-04 [Economy] β€” Santosh Kumar Takhele Assumes Additional Charge
    Santosh Kumar Takhele Assumes Additional Charge as Regional Executive Director (West-I), NTPC Ltd.
    More details

    UPSC Angle: Not exam-relevant

    Key Facts:

    • Santosh Kumar Takhele
    • Regional Executive Director (West-I)
    • NTPC Ltd.
  • 2025-05-13 [Polity & Governance] β€” Justice Surya Kant Appointed NALSA Executive Chairman
    Justice Surya Kant, a sitting Supreme Court judge, has been appointed as the Executive Chairman of the National Legal Services Authority (NALSA) by the President of India. The appointment is effective from May 14, 2025, and aligns with the tradition of nominating the second senior-most judge to the role. Justice Kant will spearhead the national mission to provide free legal aid and promote access to justice for the underprivileged.
    More details

    UPSC Angle: Justice Surya Kant appointed NALSA Executive Chairman.

    Key Facts:

    • Justice Surya Kant
    • NALSA
    • Executive Chairman
    • Justice Surya Kant appointed as Executive Chairman of NALSA
    • Appointed by: President of India
    • Effective from: May 14, 2025
    • Justice Kant is a sitting judge of the Supreme Court of India
    • Role: spearhead the national mission to provide free legal aid and promote access to justice for the underprivileged
  • 2025-04-21 [Polity & Governance] β€” Extension for Secretary General of NHRC
    The tenure of Bharat Lal, Secretary General, National Human Rights Commission, has been extended on a contract basis for one year beyond June 30, 2025, or until further orders.
    More details

    UPSC Angle: Extension for Secretary General of NHRC.

    Key Facts:

    • Bharat Lal's tenure extended to beyond June 30, 2025.

Corporate Leadership Transitions and Global Recognitions in India

Focus: Recent appointments of Chief Executive Officers and the inclusion of Indian professionals in prestigious global leadership lists within the corporate and financial sectors.

UPSC Value: Relevant for the 'Persons in News' category, highlighting leadership trends and the international standing of figures within India's economic landscape.

3 news items in this theme:

  • 2025-06-04 [Economy] β€” Stefan Schaffer Appointed CEO of Deutsche Bank’s India GCC
    Deutsche Bank has appointed Stefan Schaffer as the new CEO of its India Global Capability Centre (GCC), succeeding Dilipkumar Khandelwal. In addition to CEO, Schaffer will also serve as the Global CIO for Corporate Functions and Head of Global Technology Centers at Deutsche Bank.
    More details

    UPSC Angle: Not exam-relevant

    Key Facts:

    • Stefan Schaffer is the new CEO of Deutsche Bank’s India Global Capability Centre (GCC).
    • Schaffer succeeds Dilipkumar Khandelwal.
  • 2025-04-19 [Society & Culture] β€” AffairsCloud: Indian Representation in WEF's YGL List
    Seven Indian personalities were selected for the World Economic Forum's (WEF) Young Global Leaders (YGL) list for 2025, including Ritesh Agarwal (OYO), Nipun Malhotra (Nipman Foundation).
    More details

    UPSC Angle: Not exam-relevant

    Key Facts:

    • Number of Indians: Seven
    • Ritesh Agarwal: Founder and Group CEO of OYO Hotels and Homes
    • Nipun Malhotra: Founder of Nipman Foundation
  • 2025-04-10 [Economy] β€” Oman India Joint Investment Fund (OIJIF) Appoints New CEO
    Satish Shahwa was appointed as the new Chief Executive Officer (CEO) of the Oman India Joint Investment Fund (OIJIF). The OIJIF is a joint venture between India and Oman, established in 2011 with its headquarters in Mumbai, Maharashtra.
    More details

    UPSC Angle: Not exam-relevant

    Key Facts:

    • Satish Shahwa appointed as CEO of OIJIF
    • OIJIF is a joint venture between India and Oman
    • Established in 2011
    • Headquarters in Mumbai, Maharashtra

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