The Bureau of Financial Services recommends Mohammad Mustafa as Chairman of NABARD

The Financial Services Institutions Bureau (FSIB) on Wednesday recommended Mohammad Mustafa as the chairman of NABARD.

“After connecting with 15 candidates on August 16-17, 2022, the office recommends Mohammad Mustafa for the post of Chairman, National Bank for Agriculture and Rural Development (NABARD),” FSIB said in a communicated

The final decision on the FSIB’s recommendation would be taken by the Appointments Committee of the Cabinet, headed by Prime Minister Narendra Modi.

Mustafa, a 1995-batch IAS officer of the Uttar Pradesh cadre, served as the Chairman and Managing Director (CMD) of the Small Industries Development Bank of India.

Earlier, he had served as Joint Secretary in the Department of Financial Services and also as Director.

He had also served as director general of the National Housing Bank between 2014 and 2015 and as director general of CERSAI in 2016.

NABARD is the apex regulatory body for overall regulation of regional rural banks and apex cooperative banks in India.

(Only the title and image for this report may have been reworked by Business Standard staff; the rest of the content is automatically generated from a syndicated feed.)


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My name is Chasity. I love to follow the stock market and financial news!