New Delhi, 05 February (H.S.): Rohit Rishi assumed charge as the new Managing Director (MD) of public sector India Infrastructure Finance Company Limited (IIFCL) on Thursday, appointed for a three-year term.

IIFCL stated that Rishi brings over three decades of experience in banking and financial services. He previously served as Field General Manager (FGM) at Indian Bank, where he shouldered key leadership and strategic responsibilities, and as Executive Director at Bank of Maharashtra.

IIFCL, a wholly Government of India-owned entity established in 2006, provides long-term financing for viable infrastructure projects via the Scheme for Financing Viable Infrastructure Projects (SIFTI).

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Hindusthan Samachar / Jun Sarkar