Kameswara Rao appointed ED, IDBI
By Our Banking Bureau | 23 Feb 2002
1
Mumbai: The
board of directors of the Industrial Development Bank of India (IDBI)
has elevated Dr K Kameswara Rao, till now the chief general
manager, to the position of executive director. The
board
cleared the appointment at its meeting on 22 February.
Rao is currently in charge of economic research, budget and planning at the development financial institution. He has now been designated economic advisor of IDBI. His new portfolio will be allocated next week, the officials said.
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