The Appointment Committee of the Cabinet (ACC) has approved the appointment of following officials as Deputy Managing Director (DMD), EXIM Bank of India from the date of taking over the charge of the said post:

1) Shri Debasish Mallick, presently MD & CEO, IDBI Asset Management Company Ltd;

2) Shri David Rasquinha, presently Executive Director, Export-Import (EXIM) Bank.

Senior appointments approved: Deputy Managing Directors named for Exim Bank, confirming executive leadership assignments effective upon assumption of charge. The Appointment Committee of the Cabinet approved the designation of two officials as Deputy Managing Directors of Export-Import Bank of India, effective from the date each assumes charge, identifying one incumbent by current role as Managing Director and Chief Executive Officer of a public sector asset management company and the other as an Executive Director at the bank.