Apollo Tyres Limited announced the appointment of Jaimini Bhagwati as an Additional Director in the category of Independent Director of the company, with effect from February 2, 2023.
According to the company’s exchange filing, “we wish to inform you that the Board of Directors at its meeting held today, inter alia, considered and approved the appointment of Dr. Jaimini Bhagwati (DIN: 07274047) as an Additional Director in the capacity of an Independent Director of the Company effective from February 2, 2023 for a period of 5 years subject to approval of the Members by way of Postal Ballot.”
Jaimini Bhagwati is a former IFS officer, economist and foreign policy expert. He was the High Commissioner to the UK and Ambassador to the European Union, Belgium, and Luxembourg. He was the RBI Chair Professor for macroeconomics at the Indian Council for Research on International Economic Relations (ICRIER).
Dr. Bhagwati has served in senior positions in the Government of India in Ministry of External Affairs and Ministry of Finance. In his earlier role at the World Bank, as chief, corporate finance, he was responsible for overall financial and market risk management oversight of World Bank’s investment portfolios, funding, asset-liability management and associated derivatives transactions.
He has authored a book titled “The Promise of India, How Prime Ministers Nehru to Modi shaped the nation (1947- 2019)” published by Penguin-Viking in 2019 and his papers have been carried in several books, at ICRIER. He is also a monthly columnist for last 17 years in Business Standard.
He received his PhD in Finance from Tufts University, USA. He did his Master’s in Physics from St Stephen’s College, Delhi and a Master’s in Finance from the Massachusetts Institute of Technology, USA.
He is currently a distinguished fellow at a Delhi based think‐tank called the Centre for Social and Economic Progress. He is also a Director on the Board of IDFC Ltd. and IDFC First Bank.
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