Finance ministry appoints Subhas Chandra Lal Das as part-time chairperson FSIB
Former IAS officer to lead the bureau for three years, along side six members tasked with matters concerning public sector banks, financial institutions and insurers.
The finance ministry in India has appointed Subhas Chandra Lal Das, a former Indian Administrative Service officer, as the part-time chairperson of the Financial Services Institutions Bureau (FSIB) for a period of three years. This decision comes in the form of a resolution issued by the Department of Financial Services on October 16.
Das will serve alongside six other part-time members, including Arijit Basu, a former managing director of State Bank of India; Satish Kashinath Marathe, a former RBI board director; and Ramanathan Subramanian, a former RBI executive director. These members will focus on matters related to public sector banks and financial institutions.
The other three members—Siddhartha Mohanty, Neerja Kapur, and T.L. Alamelu—will oversee matters concerning public sector insurers. The appointments are part of a resolution passed on July 1, 2022, and will officially begin from the date of notification or until further notice, whichever comes first.
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