New Delhi, April 15: Economic affairs secretary Arvind Mayaram has been designated as the new finance secretary.
“The appointments committee of the cabinet (ACC) has approved that Mayaram may be designated as finance secretary,” an official release said.
Mayaram, a 1978 batch Rajasthan cadre IAS officer, has been the economic affairs secretary since 2012 and will continue to look after the department of economic affairs.
The post of finance secretary was lying vacant after Sumit Bose retired on March 31.
The finance secretary is the senior-most IAS officer in the ministry and coordinates the workings of various departments under the ministry.
At present, the finance ministry has five secretaries, including Mayaram. Others are expenditure secretary R.P. Watal, revenue secretary Rajiv Takru, disinvestment secretary Ravi Mathur and financial services secretary G.S. Sandhu.