Small Industries Development Bank of India (SIDBI), the principal financial institution engaged in the promotion, financing and development of micro, small & medium enterprises (MSMEs) has appointed Sivasubramanian Ramann has taken charge as the Chairman and Managing Director.

The appointment is for a period of three years from today. Prior to this, Ramann has served as the Managing Director & Chief Executive Officer of National E-Governance Services Ltd.(NeSL), India’s first information utility.

Ramann is an Indian  Audit  &  Accounts  Service  (IA&AS)  officer  of  1991 batch. Ramann has also been the Principal Accountant General of State, Jharkhand between 2015 and 2016. He has also held the position of Executive Director with Securities and Exchange Board of India (SEBI), while he was on deputation from the Government of India from 2006 to 2013.

Ramann is a BA in Economics and holds an MBA degree from Delhi University. His professional qualifications include LLB, M Sc in Regulation from the London School of Economics, Certified Internal Auditor from the Institute of Internal Auditors (IIA), Florida and Post Graduate Diploma in Securities Law.

Under his leadership, SIDBI’s vision of serving the national missions of AtmaNirbhar Bharat with credit plus, digital delight and strengthened MSME ecosystem, is expected to reach greater heights.