The Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi on Thursday appointed Debasish Panda (IAS:1987:UP) as the secretary of finance ministry’s department of financial services. Presently, he is serving as special secretary at the department of financial services.
Panda will replace finance and financial services secretary Rajiv Kumar (IAS:1984:JH), who will superannuate on February 29. He joined finance ministry in 2017, played a crucial role in initiating several reforms in the stressed banking and the shadow banking sector.