Brief Profile of Mr. Atul Kumar Rai Essay Sample

Before fall ining IFCI as CEO & A ; Managing Director in July 2007. he worked for 20 old ages in assorted places in the Government of India ( GOI ) . The assignments involved a diverse scope of activities from custodies on direction. to ordinance. and formulating policy. He started his calling in Forward Markets Commission in 1987 where he worked for four old ages on the development of forward and hereafters trading and puting up of new trade good exchanges. Between 1991 and 1993 – he worked on policy devising in the Planning Commission. Government of India. He was associated with new policy enterprises on mega metropoliss during this period. His presence in the Ministry of Industry between 1993-1996 coincided with the dismantlement of industrial licensing government and sweeping duty reforms. Between 1997 and 2002. he was in Delhi Development Authority managing finance. selling and ordinance.

In 2002. he joined the Banking Division of the Ministry of Finance. Government of India. as a Director pull offing ownership affairs of Government sponsored fiscal establishments. such as IDBI. IFCI. Exim Bank. SIDBI. IIBI and IDFC. He worked on the deliverance bundles of IDBI. IFCI etc. He set up Stressed Assets Stabilization Fund ( SASF ) in 2004. a Particular Purpose Vehicle ( SPV ) which manages the bad debts of IDBI Ltd. He besides Chaired Dena Bank for a short clip. He was bestowed with the duty for puting up of India Infrastructure Finance Company Ltd. in December 2005 where he worked as a Director on the Company’s Board until he joined IFCI.

Presently he is on the Board of Directors of IFCI Ltd. . IFCI Venture Capital Fund Ltd. ( IVCF ) . IFCI Factors Ltd. ( IFL ) . IFCI Financial Services Ltd. ( IFIN ) . Tourism Finance Corporation of India Limited ( TFCI ) . MPCON Limited. Himachal Consultancy Organization Ltd ( HIMCON ) . North India Technical Consultancy Organization Limited ( NITCON ) and HARDICON Limited.

Experience
• CEO & A ; MD of IFCI Ltd. – July 11. 2007 onwards
• Director. Banking Division -2002 – 2007
• Director. Delhi Development Authority -1997 – 2002
• Economic Advisor. IB -1996 – 1997
• Deputy Director. Office of EA. -1993 – 1996
Ministry of Industry
• Planning Commission -1991 – 1993
• Forward Markets Commission – 1987 – 1991

Highlight

• Set up India Infrastructure Finance Company Limited in December. 2005.

• Executive Director in India Infrastructure Finance Company Limited between December 2005 and May. 2007.

• Member of Government of India Committee to seek investings from the Gulf states.

• Member of the Committee on Reforms of the Department of Posts.

• Director on the Board of Directors of Vijaya Bank between 2004 and 2007.

• Director on the Board of Directors of Dena Bank between 2002 and 2004.

• Director on the Board of Directors of Industrial Investment Bank of India between 2002 and May. 2007.

• Government Nominee Director on the Board of Directors of IFCI Ltd. ( once Industrial Finance Corporation of India Ltd. ) August 21. 2005 to May 31. 2007.