Mr. Vinod Rai
Mr. Vinod Rai is the Non-Executive Chairman (Independent Director) of IDFC Limited. He was the former Comptroller and Auditor General of India. Mr. Rai has wide experience of working in various capacities at both, the Central and State Governments. His previous position was as Secretary in the Ministry of Finance - GoI, where he was responsible for managing the Financial Services sector, including banks and insurance companies. He had been a Director on several Boards including the State Bank of India, ICICI Bank, IDBI Bank, Life Insurance Corporation of India etc. Mr. Rai was instrumental in setting up the India Infrastructure Finance Company Limited and was also on the Board of this company.
Mr. Rai has also been the Principal Secretary (Finance) in the State Government of Kerala, apart from holding senior positions in the Ministries of Commerce and Defence, Government of India.
Mr. Vinod Rai has a Master’s Degree in Economics from Delhi School of Economics, University of Delhi. He has a Master’s Degree in Public Administration from Harvard University, USA.
He has been recently honoured with the Padma Bhushan award by the Government of India.