Kumar may have a five-year tenure and retire in 2025. He is more likely to preside over the following Lok Sabha polls in 2024.
- News18.com New Delhi
- Last Updated: August 22, 2020, 12:00 AM IST
The central authorities on Friday appointed retired bureaucrat Rajiv Kumar as the brand new Election Commissioner. The Ministry of Law and Justice in a notification stated Kumar, a 1984 batch IAS officer of the Jharkhand cadre, will take cost the day Election Commissioner Ashok Lavasa leaves workplace on August 31.
Lavasa will be joining the Asian Development Bank as its vp and had introduced his resignation earlier this week.
“In pursuance of clause (2) of article 324 of the Constitution, the president is pleased to appoint Shri Rajiv Kumar (IAS retired) as the election commissioner with effect from the date he assumes the office vice Shri Ashok Lavasa, election commissioner who has resigned with effect August 31,” stated the ministry in its notification.
Kumar may have a five-year tenure and retire in 2025. He is more likely to preside over the following Lok Sabha polls in 2024. According to guidelines, an election commissioner has six years on the put up or until he turns 65, whichever is earlier. Kumar was born in February 1960.
Kumar is at present the chairperson of the Public Enterprises Selection Board (PESB). His tenure, which began on April 29, was to finish on April 28, 2023.
Kumar had earlier served because the finance secretary from September 1, 2017, to February 29, 2020. He has served the finance ministry and different ministries of the central authorities since March, 2012.
Kumar has been credited with bringing in key reforms in banking and forms throughout his stints within the finance and personnel ministries. He took over because the secretary within the Department of Financial Services in September 2017, when many of the public sector banks, together with the State Bank of India, had been in losses.
Kumar introduced in basic adjustments within the banking sector and performed a vital function in merging 10 public sector banks into 4, officers stated. During his two-and-a-half-year stint because the monetary providers secretary, a number of coverage choices had been taken to advertise responsive and accountable banking, they added. A large Rs 3-lakh crore recapitalisation of banks was undertaken throughout Kumar’s tenure.
He was additionally instrumental in streamlining the promotion and appointments finished by the Appointments Committee of the Cabinet (ACC), the officers stated.
(With inputs from PTI)
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