Montek Singh joins IMF as independent evaluator
Washington: Former finance secretary of the government of India and currently the planning commission member, Dr. Montek Singh Ahluwalia, has been appointed the first independent Evaluator of the International Monetary Fund. Dr. Ahluwalia was elected by a 70 per cent majority of the executive board, which is the final deciding authority for this post.

This appointment is the first for the global financial institution and the post is next inn prestige only to that of deputy managing director. Dr. Ahluwalia beat 11 other candidates for the job including formidable ones like the former Polish finance minister Bracelowski, who spearheaded the big bang economic reform in Poland. This will be the first time the IMF has subjected its operations to scrutiny and judgement by an independent evaluator.

Dr. Ahluwalia was selected after a global headhunt was launched with the help of a large professional head-hunting firm, which had been retained by the IMF to scour the world for suitable candidates for the posts of independent evaluator.
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Aptech gets replacement for Ganesh Natarajan
Mumbai: IT training and software services company, Aptech, has appointed Russi Brij, currently executive vice-president of Satyam Computers, as the chief executive officer of its software business.

The appointment, which comes in the wake of its former chief executive, Mr. Ganesh Natarajan resigning, will see Mr. Brij taking over the software operations of the entity formed by the merger of Hexaware Technology and Aptech's existing software business. Mr. Brij will be based in New Jersey.

It is understood that Mr. Brij will be primarily responsible for overseeing the software business from US, while Mr. Abhay Sinha, who has been the acting head of the software business after Mr. Natarajan's departure, will be in charge of delivery of the offshore business.

Meanwhile, the company is also likely to formalise the appointment of Mr. Pramod Khera, currently executive director, as the chief executive officer of its training and education business. Both CEOs’ will report to the board of directors.
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