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First meeting of the Governing Council of the National Investment and Infrastructure Fund (NIIF); Selection Process for Appointment of CEO NIIF initiated

News and Press Release - Dated:- 29-12-2015 - The First Meeting of the Governing Council of National Investment and Infrastructure Fund (NIIF) under the Chairmanship of the Union Finance Minister Shri Arun Jaitley was held here today to oversee and provide the broad road map for future activities of the NIIF. The following members of the Governing Council along with the Minister of State (Finance) Shri Jayant Sinha attended the meeting. (i) Finance Minister - Chairman (ii) Secretary, DEA - Membe .....

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Ltd (IIFCL) as Investment Advisor to NIIF Ltd and IDBI Capital Market Services Ltd as Advisor to NIIF Trustee Ltd initially for 6 months and 1 year respectively. 3. NIIF has been registered with SEBI as Category II Alternative Investment Fund (AIF) on December 28, 2015. 4. Selection process of Chief Executive Officer (CEO) of NIIF Ltd is underway. Search cum Selection Committee (SCSC) formed under the Chairmanship of Secretary (Department of Economic Affairs) for appointing CEO has already met .....

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