The former Reserve Bank of India (RBI) Governor Urjit Patel has tendered his resignation from the post of non-executive and independent director of Britannia Industries Limited with effect from January 31, 2022. The reason behind stepping down is attendant time constraint, due to his full-time work assignment at AIIB, starting from February 01, 2022.
Patel was recently appointed vice president for investment operations in South Asia at the Beijing-based Asian Infrastructure Investment Bank (AIIB). His appointment is effective from 1 February, AIIB had said in a statement earlier this month. He was appointed on Britannia board in March 2021 for a period of 5 years.
