Business Standard

Ashok Lavasa named ADB vice-president

- ADITI PHADNIS

Election Commission­er Ashok Lavasa, who was in line to become Chief Election Commission­er, was made an offer he could not refuse and is expected to be appointed vice-president of the Asian Developmen­t Bank (ADB) after he resigns from the poll panel.

Ashok Lavasa ( pictured), serving election commission­er, who is in line to become Chief Election Commission­er, was made an offer he could not refuse and is expected to be appointed vice-president of the Asian Developmen­t Bank (ADB) after he resigns from the Election Commission.

When contacted, Lavasa said: “I have no informatio­n regarding this. The decision will be taken by the bank.”

The appointmen­t was announced by the ADB in a press release issued on Wednesday from its headquarte­rs in Manila, Philippine­s. ADB appoints a vice-president for a term of three years, which can be extended by another two years. The ADB president heads a management team comprising six vice-presidents.

The Union government has to give its concurrenc­e on all such appointmen­ts, so Lavasa’s current appointmen­t has the backing of the government.

Lavasa is succeeding VicePresid­ent Diwakar Gupta, who is in charge of private sector operations, and public-private partnershi­ps. Gupta completes his term on August 31.

Lavasa made headlines during the 2019 Lok Sabha elections, when he opposed the Election Commission’s decision to exonerate Prime Minister Narendra Modi and former BJP president Amit shah on charges of violating the model code of conduct.

Soon after the elections, three members of the Lavasa family, including his wife, came under the scanner of the income tax department for alleged non-declaratio­n of income and disproport­ionate assets. His son Abir’s company (Nourish Organic) and Lavasa’s sister Shakuntala Lavasa, a paediatric­ian, were also served notices. The family members have denied the allegation­s.

Lavasa joined as Election Commission­er on January 23, 2018. He is a retired IAS officer of Haryana cadre (1980 batch). As joint secretary in the Department of Economic Affairs in 2001- 02, he looked after matters pertaining to ADB.

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