Vora Takes Over As Nhb Chairman & Md

This is the first top-level position in a financial institution which has been filled through an open selection process since the finance ministry initiated the move over a year back.

With this appointment NHB, a fully owned subsidiary of the Reserve Bank of India, will have a full time chairman and managing director after a gap of six years. Vora has earlier worked as the executive director of Gujarat Industrial Investment Corporation. He was also the chairman of Fertilisers and Chemicals, Travancore. The government had also advertised for the post of the chairman of the General Insurance Corporation.