Sanjiv Aggarwal Poised to Become the Next CEO of India’s National Investment and Infrastructure Fund
The National Investment and Infrastructure Fund (NIIF) of India, the country’s prominent sovereign investment vehicle, is reportedly considering Sanjiv Aggarwal, a partner with Actis, a UK fund manager, as its next Chief Executive Officer. According to media reports, the board of NIIF has recommended Aggarwal for this influential role. With more than 15 years of experience at Actis, Aggarwal currently leads the firm’s energy investments in Asia.
If appointed, Aggarwal’s CEO position at NIIF would significantly shape the fund’s investment strategy and approach to infrastructure projects. With his diverse expertise and successful track record, Aggarwal is likely to introduce fresh perspectives and implement innovative initiatives that could have a profound impact on India’s infrastructure sector.
Frequently Asked Questions
Q: What is the National Investment and Infrastructure Fund (NIIF)?
NIIF is an Indian government-established fund that serves as the country’s de facto sovereign investment vehicle. It primarily focuses on financing infrastructure projects and attracting investments from both domestic and international sources.
Q: Who is Sanjiv Aggarwal?
Sanjiv Aggarwal is a partner at Actis, a renowned UK-based fund manager. With a commendable 15-year stint at the firm, he currently leads Actis’ energy investments in Asia. Aggarwal’s vast experience and expertise make him an outstanding candidate for the CEO position at NIIF.
Q: What would be Aggarwal’s role as CEO of NIIF?
As the CEO, Aggarwal would spearhead NIIF and oversee its investment activities. His responsibilities would include shaping the fund’s strategy, identifying lucrative investment opportunities, and managing the infrastructure projects it supports.
Q: What impact could Aggarwal’s appointment have on NIIF?
Aggarwal’s appointment as CEO has the potential to infuse new perspectives and strategies into NIIF. With a strong background in energy investments and Actis’ wide global presence, he can drive innovative investment initiatives, facilitate partnerships, and contribute to the growth and development of India’s infrastructure sector.
Q: What is Actis?
Actis is a UK-based fund manager that specializes in private equity investments in emerging markets. The firm focuses on sectors such as energy, infrastructure, and real estate.
Sources:
– Actis: [act.is](https://www.act.is/)
The source of the article is from the blog krama.net