Emandi Sankara Rao appointed MD & CEO of IFCI
August 16th, 2017
IFCI Ltd, a government company, is set to have a new Managing Director & CEO in Emandi Sankara Rao, who is currently Chief General Manager at India Infrastructure Finance Company Ltd (IIFCL). The Appointments Committee of Cabinet has given its nod for the Department of Financial Services (DFS) proposal to appoint Emandi Sankara Rao as Managing Director & Chief Executive Officer of IFCI Ltd. Rao’s appointment will be valid for three years. Rao is also currently a director and chief executive officer at IIFCL Asset Management Company Ltd.