IL&FS appoints retired IAS officer Bijay Kumar as Deputy MD
Cash-strapped Infrastructure Leasing & Financial Services (IL&FS) on Wednesday appointed retired IAS officer Bijay Kumar as its Deputy Managing Director (MD). The company also appointed Chartered Accountant N Srinivasan as a non-executive director on its board. The government in October took management control of IL&FS and appointed a board led by Uday Kotak for the group's turnaround.