Kshatrapati Shivaji to be new CMD of SIDBI

Kshatrapati Shivaji, a 1986 batch IAS officer, has taken over as the Chairman and Managing Director of Small Industries Development Bank of India (SIDBI).

Shivaji has been appointed on deputation basis for a period of three years from the date of his taking over the charge, a Finance Ministry release said.

Shivaji is currently Principal Secretary (Expenditure), Finance Department in Maharashtra government.