Prakash Kumar, presently holding the position of Chief General Manager (CGM) at the Small Industries Development Bank of India (SIDBI), has been appointed as the Deputy Managing Director (DMD) in SIDBI for a term of three years. This appointment has been granted approval by the Appointments Committee of the Cabinet, as confirmed in an order released by the Department of Personnel and Training (DoPT) on Saturday, November 4, 2023.
Mr. Kumar’s tenure in this role will commence from the date he takes charge or until any further instructions are issued, whichever occurs earlier. This appointment underscores the Department of Financial Services’ initiative to appoint him to the post for a duration of three years.
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