New Delhi: Ministry of Finance has nominated Bhushan Kumar Sinha as Government Nominee Director on the Board of Bank of India (BoI) with immediate effect from April 11, 2022. He has been selected for the role in place of existing Government Nominee Director Vandita Kaul. According to an order issued by the Ministry of Finance. He has been nominated for the role with immediate effect and until further orders. This information has been shared by the Bank in a regulatory filing to the stock exchange on Tuesday.

Sinha belongs to the 1993-batch of Indian Economic Service. He holds a Master's degree in Business Administration (MBA) from the National Graduate School of Management (NGSM), Australian National University, Canberra, Australia and a Ph. D from the Department of Financial Studies, University of Delhi, India.

Presently, he is posted as Joint Secretary in the Department of Financial Services (DFS), Ministry of Finance, Government of India, New Delhi. Before joining DFS in 2018, he had a three-year stint as an Economic Adviser in the Department of Investment and Public Asset Management (DIPAM). He was on the Board of Central Bank of India as Govt Nominee Director with effect from May 14, 2018, till April 11, 2022.

Besides Bank of India, he is also the Govt Nominee Director on the Board of IFCI Ltd.

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