Firstsource Solutions Appoints Rajiv Kumar as Independent Director

The Board of Directors of Firstsource Solutions Limited has approved the appointment of Dr. Rajiv Kumar as an Additional Director (Non-Executive, Independent Director), subject to all applicable approvals, with effect from May 3, 2024.

The Board has also approved the continuation of the appointment of Dr. Sanjiv Goenka as Director (Non-Executive, Non-Independent), subject to all applicable approvals, with effect from May 3, 2024.

The appointment of Hasit Trivedi as Chief Digital and AI Officer and Akash Pugalia as President, Global Trust & Safety, was also approved.

Rajiv Kumar is the Chairman of Pahle India Foundation, a non-profit research think tank. He is the former Vice Chairman of NITI Aayog. He is currently a member of the Global Leadership Council, GASP, New York. He is also a Director of the Parley India Foundation. He also serves as the Chancellor of the Gokhale Institute of Politics and Economics, Pune, and Chairman of the Board of Governors of the Giri Institute of Development Studies, Lucknow. He started his career at the Indian Council for Research on International Economic Relations (ICRIER) as a researcher in 1977–1982. He later became the Director and CEO of ICRIER between 2006 and 2011. He was a Professor at the Indian Institute of Foreign Trade (IIFT) and a Senior Fellow at the Centre for Policy Research (CPR). He was Economic Advisor with the Department of Economic Affairs (DEA), Ministry of Finance (1991–1995), and Senior Consultant at the Bureau of Industrial Costs and Prices (BICP), Ministry of Industry (1989–1991). His experience in multilateral financial institutions was with the Asian Development Bank (ADB), Manila, where he spent 10 years before returning to India in 2004. He was also the Chief Economist of the Confederation of Indian Industries (CII) and Secretary General of the Federation of Indian Chambers of Commerce and Industry (FICCI). He served on the Central Board of the State Bank of India for two terms and was also on the Central Board of the Reserve Bank of India (RBI). Dr. Kumar has a Ph.D. in economics from Lucknow University and a D.Phil. from Oxford University.


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