Raman Aggarwal Takes Over as CEO of Finance Industry Development Council (FIDC).

Appointment

In May 2025, the Mumbai (Maharashtra)-based Finance Industry Development Council (FIDC), the apex representative body for Non-Banking Financial Companies (NBFCs) in India, appointed Raman Aggarwal as the Chief Executive Officer (CEO).


      - Raman Aggarwal, in his new role as CEO, will lead FIDC’s efforts to strengthen the NBFC sector through focused policy representation, industry engagement, and collaborative platforms.

      - A long-time board member and former head of FIDC’s Professional Development Committee, he has played a key role in shaping the council’s advocacy initiatives, professional growth strategies, and institutional partnerships.

     

Main Point :-   (i) Raman Aggarwal has also held leadership positions such as Chairman of the National Council on NBFCs and was a member of the Managing Committee at the Associated Chambers of Commerce and Industry of India (ASSOCHAM).

      (ii) He has previously served as an Advisor at Shriram Transport Finance Limited, Independent Director at Paisalo Digital Limited, and Consultant with the World Bank and Nomura Research Institute Consulting & Solutions India Private Limited.

(iii) The Finance Industry Development Council (FIDC), registered with the Reserve Bank of India (RBI), was established in 2004.

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