Sunil Kakar is new MD & CEO, IDFC

Banking Frontiers - - People Track -

Sunil Kakar, who has been CFO at IDFC Bank, has been pro­moted as MD and CEO of par­ent com­pany IDFC. He will have a ten­ure of 3 years. He will also be an ad­di­tional di­rec­tor on the board of the com­pany. Kakar re­places Vikram Li­maye, who is join­ing Na­tional Stock Ex­change as its MD and CEO. Kakar joined IDFC as group CFO and was re­spon­si­ble for fi­nance and ac­counts, busi­ness plan­ning and bud­get­ing and in­vestor re­la­tions, among oth­ers. He has worked ear­lier with Max New York Life In­sur­ance Com­pany as CFO. He has also worked with Bank of Amer­ica for 18 years in var­i­ous roles.

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