Deepak Bagla quits as MD & CEO of Invest India

Deepak Bagla quits as MD & CEO of Invest India

Daily Current Affairs / Deepak Bagla quits as MD & CEO of Invest India

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Category : Appointment/Resignation Published on: March 20 2023

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Deepak Bagla, Managing Director and CEO of Invest India, an investment promotion and facilitation body under the commerce and industry ministry, has resigned from his post.
Bagla was at the helm of Invest India since 2015. Earlier, he had stints at World Bank, Citibank, and private equity firm 3i Group.
He is a member of several high-level government committees, including fintech and innovation.
Bagla is the president of the Geneva-based World Association of Investment Promotion Agencies with a membership of 105 countries.
He is also a special invitee of the Prime Minister’s Science Technology & Innovation Advisory Council.
Invest India was formed in 2009 under the Department of Industrial Policy and Promotion, Ministry of Commerce and Industry.
The agency was set up in 2009 under section 25 of the Companies Act.

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