Former Financial Services Secretary Nagaraju Maddirala Appointed IL&FS Chairman and Managing Director for Two Years
Nagaraju Maddirala, the former financial services secretary, has been appointed Chairman and Managing Director of Infrastructure Leasing & Financial Services Ltd. for a two-year term, marking a significant leadership change at the debt-laden infrastructure financier. The Ministry of Corporate Affairs confirmed the appointment on October 12, following the tenure of Nand Kishore, as IL&FS continues to operate under a government-appointed board after its financial collapse.
