Senior bureaucrat Ajay Seth designated as Finance Secretary

New Delhi: 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 Kanta 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.