Current Affairs - Awards and Honours

Nidhi S Jain (IA&AS), an Indian Audit and Accounts Service officer of the 2009 batch, has been appointed as the Chief Vigilance Officer (CVO) of the Cotton Corporation of India for an initial period of three years. She assumes this role from her current position as Director of Audit (Environment & Scientific Departments) at the Mumbai branch office. The Cotton Corporation of India, headquartered in Mumbai and founded in 1970, has Nidhi S Jain as its newly appointed CVO.

Arun Alagappan has been appointed and re-designated as the Executive Chairman of Coromandel International Ltd. (CIL). This leadership transition follows the retirement of A. Vellayan, the outgoing Chairman and Non-Executive Director. Alagappan's appointment signifies a significant change in the company's leadership structure, reflecting ongoing strategic shifts and continuity in leadership guidance.

The government has granted a one-year extension to T. Rabi Sankar as Deputy Governor of the Reserve Bank of India (RBI). Sankar, a seasoned central banker, has been overseeing crucial departments within the RBI since his initial appointment in 2021. His re-appointment underscores the continuity of leadership and his significant role in managing key aspects of India's financial system.

Axis Bank has re-appointed Amitabh Chaudhry as Managing Director & CEO for another three years, effective January 2025, signalling continuity and stability in leadership. Chaudhry's re-appointment is part of the bank's strategy to maintain its positive financial trajectory and strategic direction, as evidenced by its strong performance and profit growth.

Gita Sabharwal, an experienced development professional from India, has been appointed as the new UN Resident Coordinator in Indonesia. With nearly three decades of experience in various roles related to development, climate transition, peacebuilding, and governance, Sabharwal brings a wealth of expertise to her new position, where she will lead UN efforts in implementing the Sustainable Development Goals (SDGs) in Indonesia.