FSIB recommends Manoj Mittal’s name for SIDBI CMD position

The Financial Services Institutions Bureau (FSIB) on April 10 announced its recommendation for the appointment of Manoj Mittal as the Chairman & Managing Director (CMD) of the Small Industries Development Bank of India (SIDBI). The FSIB’s decision was based on a thorough evaluation of 21 candidates who were interviewed on April 9 and 10, considering their performance, overall experience, and adherence to established criteria.

If appointed, Mittal will replace Sivasubramanian Ramann as SIDBI’s CMD. Ramann had joined SIDBI in April 2021 for a three-year term.

Currently, Manoj Mittal is serving as Managing Director, Industrial Finance Corporation of India (IFCI).