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Jayanti Prasad Holds Additional Charge as IBBI Chairperson

24 September 20261 min read
BANKING & FINANCEJayanti PrasadHolds AdditionalCharge as IBBIChairperson24 September 2026safalsetu.com

Why in the news

The Insolvency and Bankruptcy Board of India has a new acting head: one of its own members was given extra responsibility after the earlier chairperson left.

Key facts

  • Officer: Jayanti Prasad, a Whole-Time Member of the board.
  • Extra charge begins: 13 September 2026.
  • Predecessor: Ravi Mital.
  • Valid till: 20 November 2026.
  • Background: officer of the Indian Audit and Accounts Service (IA&AS), 1986 batch.

About IBBI

  • The statutory regulator created under the Insolvency and Bankruptcy Code, 2016.

Exam angle

  • Person: Jayanti Prasad; service: IA&AS.
  • Earlier chairperson: Ravi Mital.
  • Governing law: IBC, 2016.

Test yourself

1. Who took additional charge as IBBI Chairperson from 13 September 2026?

Jayanti Prasad took additional charge.

2. Jayanti Prasad succeeded which IBBI Chairperson?

He followed Ravi Mital.

3. IBBI is the statutory regulator under which law?

IBBI works under the Insolvency and Bankruptcy Code, 2016.