In the interim, C S Rajan, MD, IL&FS, has been asked to discharge Nayyar’s responsibilities and, in consultation with senior management, put in place a revised organizational structure. Nayyar was appointed the Executive Vice Chairman in 2018 and has been leading the IL&FS resolution, involving over 300 companies, for the last two years with the new board.source https://economictimes.indiatimes.com/industry/banking/finance/vineet-nayyar-resigns-from-ilfs-board-on-medical-grounds/articleshow/78749535.cms
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