IFCI appoints Gupta as advisor for remodelling
Our Banking
Bureau
15 May 2002
New Delhi:
Industrial
Finance Corporation of India (IFCI) has appointed Dhruba
Gupta of the International Monetary Fund (IMF) to advise
the institution its business restructuring strategy.
Gupta, who has been with
the IMF for almost 29 years, was recently appointed by the IFCI
board of directors as advisor (corporate affairs). He relinquished
his post as deputy treasurer (international) at IMF, where he was
dealing with economics, accounting and fiscal management.
He will play a key role
in overseeing the current restructuring and remodelling exercise
at IFCI. Reporting directly to the chairman and managing director,
he shall be dispensing advice on day-to-day operations of the
institution, IFCI officials say.
It is understood that
Gupta will be present in all important deliberations of the FI,
including its board meetings. Notionally, he is equivalent to the
senior-most director on the board.
A London School of
Economics alumnus in economics, Gupta has been to the George
Washington University, is a fellow of the Institute
of Chartered Accountants of England and Wales. He has also been
chairman of Bipnet, an IT company.
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