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.