Arun Ramanathan appointed Finance Secy
Financial Services Secretary Arun Ramanathan has been appointed as the Finance Secretary.
By PTI |
NEW DELHI: Financial Services Secretary Arun Ramanathan has been appointed as the Finance Secretary, the post which fell vacant after D Subbarao was made RBI Governor.
"The Appointment Committee of the Cabinet has approved the appointment of Arun Ramanathan as Finance Secretary," an official statement said on Tuesday.
Ramanathan, 59, will also continue to hold the post of Financial Services Secretary.
Ramanathan, who belongs to the 1973-batch of IAS, Tamil Nadu cadre, moved to the Centre in June 2007, when he was appointed as Secretary, Ministry of Chemicals and Fertilisers.
His appointment comes at a time when the US financial crisis is causing ripples in many other areas of the world and inflation in India is over 12 per cent mark.
Ramanathan had replaced Vinod Rai in Financial Services Department in January this year after Rai took over as the Comptroller General of India.
"The Appointment Committee of the Cabinet has approved the appointment of Arun Ramanathan as Finance Secretary," an official statement said on Tuesday.
Ramanathan, 59, will also continue to hold the post of Financial Services Secretary.
Ramanathan, who belongs to the 1973-batch of IAS, Tamil Nadu cadre, moved to the Centre in June 2007, when he was appointed as Secretary, Ministry of Chemicals and Fertilisers.
His appointment comes at a time when the US financial crisis is causing ripples in many other areas of the world and inflation in India is over 12 per cent mark.
Ramanathan had replaced Vinod Rai in Financial Services Department in January this year after Rai took over as the Comptroller General of India.
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