Mohammad Mustafa is SIDBI's New CMD

The Centre has appointed Mohammad Mustafa, a 1995 batch IAS officer, as Chairman and Managing Director of Small Industries Development Bank of India (SIDBI).

Prior to this appointment, Mustafa was Joint Secretary in the Department of Financial Services (DFS) in the Finance Ministry.

The Appointments Committee of the Cabinet has approved his appointment for a period of three years, according to a Department of Personnel and Training (DoPT) order.