Current Affairs - Persons - Discussion

The government appointed Lalit Kumar, a 1995-batch Indian Economic Service (IES) officer as the new government nominee on private sector ICICI Bank. He is currently an Economic Advisor in the department of financial services of the finance ministry. He would replace Lok Ranjan, who has been laterally transferred to Department of Personnel and Training (DOPT). Lalit Kumar had also worked with the insurance regular (Insurance Regulatory Development Authority of India) as an executive director and financial adviser.