KV Shaji appointed as the new chairman of NABARD

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KV Shaji appointed as the new chairman of NABARD

K V Shaji has been named Chairman of the National Bank for Agriculture and Rural Development (NABARD) on 7 December. He formerly served as NABARD’s Deputy Managing Director (DMD) till May 21, 2020.

Important facts

  • Before joining NABARD, he worked in Canara Bank in various capacities for 26 years.

  • As his last assignment, he was in charge of Strategy, Planning and Business Development at the Corporate Office of Canara Bank.

  • He successfully handled the project of amalgamation of Syndicate Bank into Canara Bank.

  • He was earlier also the Chairman of India’s largest Regional Rural Bank, Kerala Gramin Bank.

  • He is a post graduate in Agriculture and holds a PGDM degree in Public Policy from the Indian Institute of Management (IIM), Ahmedabad.

About the NABARD

  • It is a development bank focussing primarily on the rural sector of the country. 

  • It is a statutory body established in 1982 under National Bank for Agriculture and Rural Development Act, 1981.

  • Established on the recommendations of Shivaraman Committee.

  • Headquarters - Mumbai


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