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The Appointments Committee of the Cabinet has approved designating Seth as the Finance Secretary, says the order issued by the Personnel Ministry.
As per the convention, the senior-most secretary in the Union Finance Ministry is designated as the Finance Secretary.
Senior bureaucrat Ajay Seth was on Monday designated as the new Finance Secretary, according to an official order. Seth, a 1987-batch Indian Administrative Service (IAS) officer of Karnataka cadre, is currently the Secretary of the Department of Economic Affairs.
The Appointments Committee of the Cabinet has approved designating Seth as the Finance Secretary, said the order issued by the Personnel Ministry.
The vacancy was necessitated following appointment of Tuhin Kant Pandey as the chairman of Securities and Exchange Board of India (SEBI) recently.
As per the convention, the senior-most secretary in the Union Finance Ministry is designated as the Finance Secretary.
(This story has not been edited by News18 staff and is published from a syndicated news agency feed – PTI)