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Niti Aayog's Rajiv Kumar resigns from DHFL board

Press Trust of India  |  New Delhi 

Niti Aayog Vice Chairman has resigned from the board of Corporation (DHFL) as post his appointment at the think tank.

"Dr as on the board of the company since August 7, 2015 has expressed his desire to resign from the position of an vide his letter dated September 4, 2017 due to his appointment as Vice Chairman Niti Aayog," DHFL said in a regulatory filing.

DHFL said the board of directors of the company have accepted his resignation with effect from September 11, 2017.

Kumar, an economist took over as the Niti Aayog vice chair from September 1, replacing Indian-American economist Panagariya who returned to academia in the US.

Earlier, Kumar also served as chief economist at industry body (CII), besides holding senior positions at the Ministry of and Manila- headquartered multi-lateral funding agency Asian Development Bank.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, September 13 2017. 21:32 IST