IL&FS names retired IAS officer Bijay Kumar as deputy MD

MUMBAI: Cash-strapped Infrastructure Leasing & Financial Services (IL&FS) Wednesday said it has appointed retired Indian Administrative Service (IAS) official Bijay Kumar as deputy managing director of the company.

The company has also appointed N Srinivasan as a non-executive director of the company.

The decision on both the appointments were taken in the board meeting held on December 24, 2018, the company said in a filing to exchanges.


Earlier this month, the group had appointed N Sivaraman as the group chief operating officer (COO). He had earlier worked with the L&T Group.

The group debt stood at Rs 94,215.6 crore as of October 8, 2018.