Centre appoints Ravi Mittal as new Chairman of Insolvency and Bankruptcy Board of India

Centre appoints Ravi Mittal as new Chairman of Insolvency and Bankruptcy Board of India

Daily Current Affairs   /   Centre appoints Ravi Mittal as new Chairman of Insolvency and Bankruptcy Board of India

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Category : Appointment/Resignation Published on: February 05 2022

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  • The government has appointed former civil servant Ravi Mittal as the chairperson of the Insolvency and Bankruptcy Board of India (IBBI).
  • Ravi Mittal is a 1986 batch IAS officer from Bihar cadre.
  • The appointment comes a little over four months after the post fell vacant following the retirement of M S Sahoo who completed his five-year term on September 30, 2021.
  • Mittal will be the second full-time Chairperson of the IBBI, a key institution in implementing the Insolvency and Bankruptcy Code (IBC), which came into force in 2016.
  • He has been appointed as the Chairman of IBBI for a term of five years or till he attains the age of 65 years, whichever is earlier.
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