Summary
Nilesh Sathe, former IRDAI member and veteran of Life Insurance Corporation has joined National Highways Authority of India as financial advisor.
The government undertaking has taken on board Sathe at a time when it is looking to raise funds for road development from foreign institutional investors, World Bank, Asian Development Bank, Pension Funds abroad and also from Domestic Institutional Investors from India.
Sathe was earlier director and CEO of LIC Nomura Mutual Fund Asset Management Company for 3 years before joining IRDAI in 2015 from where he retired last year. Recently in a webinar organised by a media house, Mr Nitin Gadka......