Hitesh Sethia appointed as MD and CEO of Jio Financial Services
This approval is subject to the condition that the appointee must have a valid Employment Visa during their tenure in India, according to a letter from MCA filed with the stock exchanges by Jio Financial Services Ltd.
![Hitesh Sethia appointed as MD and CEO of Jio Financial Services](https://www.psuconnect.in/sdsdsd/jio2.jpg)
New Delhi: The Ministry of Corporate Affairs (MCA) has approved the appointment of Hitesh Kumar Sethia as the Managing Director and CEO of Jio Financial Services for three years starting from November 15, 2023. However, this appointment is subject to the condition that the appointee holds a valid Employment Visa throughout his tenure in India.
The MCA letter containing this information has been filed by Jio Financial Services Ltd. with the stock exchanges.
Read Also : IndusInd Bank Q1 FY25 results, net profit at 2% YoY"The approval granted by the MCA is per the provisions of the Companies Act 2013. It is important to note that this approval does not cover any requirement of security clearance. The responsibility of obtaining the necessary security clearance lies with the company or appointee." This is what the MCA letter stated.
Read Also : RBI issues guidelines on higher liquidity coverage ratio for retail depositsNews Must Read
- Karnataka Bank Announced record Q1 Net Profit at Rs. 400.33 CR
- NTPC, BHEL shares soar higher amid JV announcement in Budget 2024
- BEL signs tripartite MoU for manufacture of indigenised ammunition
- Goa Shipyard Limited launched first indigenous P1135.6 Frigate
- Chandan Sinha appointed as Non-Executive Part Time Chairman of RBL Bank
- OIL and Dolphin Drilling signs contract for hiring of Blackford Dolphin
- Cmde D.K. Murali, IN (Retd.) Joins as CMD of BECIL
- Samir Chandra Saxena Appointed as Director (Market Operation) of GRID-INDIA
- MOIL CMD bags Title 'CEO of the Year'
- ONGC sign MoU with GSI to advance geothermal exploration in Ladakh