Ajay Bhushan Pandey appointed as India’s new Finance Secretary

Ajay Bhushan Pandey appointed as India’s new Finance Secretary

   Kautilya Academy    07-03-2020

Ajay Bhushan Pandey has been appointed as the new Finance Secretary of India, succeeding Rajiv Kumar.

Ajay Bhushan Pandey was appointed as the new Finance Secretary of India on March 3, 2020. His new appointment was approved by the Appointments Committee of the Cabinet.

The 1984 batch IAS officer will succeed current Finance Secretary Rajiv Kumar, who superannuated from the position in February 2020. Pandey was till recently serving as the Revenue Secretary. 

Ajay Bhushan Pandey: About him

 Ajay Bhushan Pandey is a 1984 batch Indian Administrative Service officer from Maharashtra cadre. He was appointed as the Revenue Secretary on December 1, 2018.

 He previously served as the Chief Executive Officer of the Unique Identification Authority of India (UIDAI). The UIDAI issues the unique 12-digit Aadhaar number. 

 He also served as the Chairman of the Goods and Services Tax Network (GSTN).

 Till his new appointment, he was handling the position of Revenue Secretary and GSTN Chairman together. 

 As the Revenue Secretary, he handled the Central Board of Direct Taxes, the Central Board of Indirect Taxes and Customs and the Enforcement Directorate.

 Pandey was elevated to the post of Finance Secretary following the retirement of Rajiv Kumar in February 2020. He is expected to serve at the position till his superannuation in February 2021. 

 Rajiv Kumar, a 1984 batch IAS officer from Jharkhand cadre, was appointed as the Finance Secretary in July 2019.

How is the Finance Secretary chosen?

The senior-most officer in all the secretaries of the Finance Ministry is appointed as the finance secretary. The post of finance secretary is the senior-most for IAS officers in the Union government after Cabinet Secretary. 

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