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Britannia appoints former RBI governor Urjit Patel as Independent Director

Jul 03, 2024 10:12 AM IST

Urjit Patel served as the 24th Governor of the Reserve Bank of India (RBI) between 2016-18.

Britannia Industries appointed former RBI governor Urjit Patel as one of the additional Non-Executive Independent Directors on the board of the company for a period of five years, the company said in an exchange filing. The appointment is subject to board approval at the upcoming Annual General Meeting scheduled on August 12.

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Former Reserve Bank of India (RBI) Governor Urjit Patel is seen. (Reuters File Photo)

Urjit Patel served as the 24th Governor of the Reserve Bank of India (RBI) between 2016-18. He was also Deputy Governor at the RBI since January 2013. Between 2013-2018, he was a Deputy in the G-20, BRICS Finance Ministers and Central Bank Governors groups. During 2022-24, he served as a Vice President (Investment Operations Region 1) at the Asian Infrastructure Investment Bank.

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Britannia board also appointed Sunil Lalbhai as the Chairman and Managing Director of Atul Limited for a period of five years.

 
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