Neelkanth Mishra Of Axis Bank Has Been Appointed As The UIDAI’s Part-Time Chairman

After working for Credit Suisse for more than 20 years, Mishra joined Axis Bank in May 2023 as the Chief Economist and Head of Global Research.

According to reports, the Union government has nominated Neelkanth Mishra to serve as the temporary head of UIDAI, the nodal organization in charge of providing Aadhaar numbers. He is the Head of Global Research at Axis Capital and the Chief Economist at Axis Bank.

According to Bloomberg, two individuals have been named as part-time UIDAI members: Prof. Mausam, an associate professor in the department of computer science at IIT Delhi, and Nilesh Shah, the managing director of Kotak Mahindra Asset Management Company Limited.

The three appointments are for a three-year term or until the age of 65, whichever comes first.

Mishra joined Axis Bank in May 2023 as Chief Economist and Head of Global Research after more than 20 years at Credit Suisse, where he held roles as Co-head of APAC Strategy, India Equity Strategy, and India Head of Research. Mishra has been designated as the part-time chairperson.

According to the information on LinkedIn, he received his degree from the Indian Institute of Technology (IIT), Kanpur.

 According to a Moneycontrol report, he has served as an advisor to numerous government committees and was a member of the 15th finance commission’s economic advisory council.

Additionally, according to the study, he has been a steadfast supporter of the government’s production-linked incentive (PLI) programs.

According to the provisions of the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits, and Services) Act, 2016 (Aadhaar Act 2016), the Unique Identification Authority of India (UIDAI) is a statutory body established on July 12, 2016, by the Government of India, under the Ministry of Electronics and Information Technology (MeitY).

The Aadhaar and Other Laws (Amendment) Act, 2019 (14 of 2019) revised the Aadhaar Act 2016 and went into force on July 25, 2019.

All Indian citizens now have “Aadhaar” UIDs thanks to the creation of the Unique Identification Authority of India (UIDAI). The Authority is composed of the Chief Executive Officer (CEO), who also serves as the Member-Secretary of the Authority, two Part-Time Members, and a Chairperson.