"The Prime Minister has approved the appointment of L C Goyal (1979 batch Karnataka cadre IAS officer) as Chairman and Managing Director, India Trade Promotion Organisation," an official statement said.
Earlier, Goyal had sought an early retirement, 17 months ahead of schedule, for personal reasons which was approved by the government.
He was replaced by Economic Affairs Secretary Rajiv Mehrishi in the Home Ministry.
Set up in 1977, ITPO is the nodal trade promotion agency of the government and functions under the supervision of the Commerce Ministry.
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