National Investment and Infrastructure Fund appointed Rajeev Dhar as the CEO of the scheme
News Synopsis
Rajiv Dhar Executive Director and Chief Operating Officer has been named the interim Chief Executive Officer and Managing Director of National Investment and Infrastructure Fund Limited (NIIFL), a collaborative investment platform for external and Indian investors.
The change is being planned in response to Sujoy Bose's want to be removed from his present duties as the company's managing director and chief executive officer, a post he has held since 2016.
Since 2017, Dhar, who has more than 30 years of knowledge, has played a crucial role in the NIIFL Executive Group. He has taken part in all NIIFL Investment Committee Meetings.
Bose, the company's first CEO, assisted more than 20 Important Institutional and International Investors and Partners in joining over the past six years, assuring the completion of the largest Indian Infrastructure Fund and the Fund of Funds with investments spanning a variety of infrastructure and other industries.
The National Investment and Infrastructure Fund Limited (NIIFL), which is supported by the Government of India is a Cooperative Investment Platform for foreign and Indian investors. It administers funds with investments in different kinds of assets and diversified sectors that generate appealing risk-adjusted returns. Through its three funds—the Master Fund, Fund of Funds, and Strategic Opportunities Fund—NIIFL Manages Equity Capital commitments totaling more than $4.3 billion.
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