Mumbai, India - May 3, 2010, Mumbai, India - ICICI Bank Limited announced that it has appointed Tushaar Shah as a non-executive Director effective today.
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Dr. Shah was formerly Director of the Institute of Rural Management at Anand and is presently Senior Fellow at the International Water Management Institute. Dr. Shah is an expert in issues related to water management, irrigation and other aspects of agriculture and the rural economy.
Dr. Shah joined IWMI in 1999 as leader of the program on Policy, Institutions and Management. In 2001, he took over the leadership of IWMI's new theme on Sustainable Groundwater Management. He also built and led the IWMI-Tata Water Policy Program in India--the first ever collaboration between an international center and an Indian foundation.
In 2005, Dr. Shah created two IWMI research projects funded under the Challenge Program for Water and Food: "Groundwater Governance in Indo-Gangetic and Yellow River Basins" and "Strategic Analyses of India's National River-Linking Project". In 2002, Dr. Shah was selected for the CG award for 'Outstanding Scientist of the Year'.
Dr. Shah obtained his doctorate from the Indian Institute of Management at Ahmedabad and specialized as a development economist and strategic management specialist. He was formerly the Director of the Institute of Rural Management at Anand during 1987-95.
Before his IWMI years, Dr. Shah consulted with scores of NGOs, government and lending institutions including the World Bank, Ford Foundation, Swiss Agency for Development Co-operation, Swedish International Development Agency.
He also consulted extensively with private Indian foundations including Sir Ratan Tata Trust and Sir Dorabji Tata Trust. He has also served on the boards of some 25 Indian NGOs and research centers including as the chairman of IDE, India and PRADAN. He also serves on the Academic Council of the Chinese Center for Agricultural Policy (CCAP).
Most recently, Dr. Shah served on several committees of the Government of India for developing the irrigation component of India's 11th Five-Year Plan as well as a committee of the Indian Planning Commission on Sustainable Groundwater Management. He was also invited to make submissions to the Finance Minister in pre-budget briefings.
Dr. Shahs research at IWMI contributed to the formulation of US $ 450 m groundwater recharge scheme for hard-rock districts by the Government of India and a US $ 270 m investment by the government of Gujarat in improved farm power infrastructure for sustainable groundwater management. Dr. Shah works out of Anand in Western India, primarily on water policies and institutions.
The Board of Directors has approved the appointment of Rajiv Sabharwal, Senior General Manager as an Executive Director on the Board, subject to the approval of Reserve Bank of India (RBI). His appointment would be effective from the date of RBI’s approval. ■