Kshatrapati Shivaji, 1986 batch Maharashtra cadre IAS, will be India’s new executive director of Manila-based Asian Development Bank (ADB) in place of 1983 batch Rajasthan cadre IAS Umesh Kumar. Shivaji, originally hailing from a village near Danapur in Bihar, is currently serving as chairman and managing director of…Small Industries Development Bank of India (SIDBI). According to the DoPT order issued after the approval of the Appointments Committee of the Cabinet, Shivaji will get a 3-year-term from the date of assuming charge in the ADB.
Earlier, as principal secretary in Maharashtra government, Shivaji handled both the finance and industries department. He also served as managing director of Maharashtra State Financial Corporation (MSFC).
In late1990s, Shivaji served as deputy secretary and then director in the department of economic affairs (DEA) under the union ministry of finance before getting a foreign posting in Action Aid under the union commerce ministry.
Shivaji had an innings in Kerala too, possibly the reason why he also knows Malayalam, in addition to his command over four other languages -- Hindi, English, Marathi and Sanskrit. In 1993-1995, he became the managing director of Kerala State Corporation Bank and then in 1996-1998, he was the MD of Kerala Financial Corporation. In early 1990s, Shivaji worked in a World Bank project.
So far as the officer’s educational qualifications are concerned, the list is pretty long. He is a civil engineer with an M.Tech degree in building science. He is also an MA in economics and holds two additional degrees— one MBA and another PhD in management.
It has always been intriguing for many in Maharashtra how come this officer from Bihar has a name like Kshatrapati Shivaji, the great medieval Maratha warrior. In earlier interviews, Shivaji himself explained how his father, a freedom fighter, was a great admirer of Chhatrapati Shivaji -- the reason why his father named him Shivaji. The officer himself is an admirer of the Maratha king's fearlessness and commitment to the cause of Swaraj, he said earlier.