Centre appoints S Ramann as SIDBI’s new chairman & managing director

S Ramann SIDBI

The centre has named S Ramann as Chairman and Managing Director of Small Industries Development Bank of India (SIDBI). The appointment is made for the tenure of three years from the date he assumes the charge of the new post until further orders, stated centre’s official statement.

In December, Banks Board Bureau, the organisation responsible for recruitments for state-owned banks and financial institutions, had recommended Ramann’s name for the said position.

Ramann is 1991-batch Indian Audit & Accounts Service officer. He is currently the CEO of National E-Governance Services Ltd, India’s first Information Utility.

Earlier, he was appointed as the Principal Accountant General, Jharkhand, The C&AG of India. This appointment would be his second stint with SIDBI. He was the Executive Director of SIDBI from August 2011 – July 2013 and Chief General Manager, ISD from December 2006 – August 2011.

He holds a Master’s degree in Financial Regulation from London School of Economics and Political Science and Master of Business Administration from Faculty of Management Studies – University of Delhi.

He also holds a Bachelor degree in LLB from Mumbai University and Bachelor Degree in Economics from St. Stephen’s College, Delhi.

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