<p>New Delhi: Senior bureaucrat Ajay Seth was on Monday designated as the new Finance Secretary, according to an official order.</p>.<p>Seth, a 1987-batch Indian Administrative Service (IAS) officer of Karnataka cadre, is currently the Secretary of the Department of Economic Affairs.</p>.<p>The Appointments Committee of the Cabinet has approved designating Seth as the Finance Secretary, said the order issued by the Personnel Ministry.</p>.<p>The vacancy was necessitated following appointment of Tuhin Kant Pandey as the chairman of <a href="https://www.deccanherald.com/tags/sebi">Securities and Exchange Board of India (SEBI)</a> recently.</p>.<p>As per the convention, the senior-most secretary in the Union Finance Ministry is designated as the Finance Secretary.</p>
<p>New Delhi: Senior bureaucrat Ajay Seth was on Monday designated as the new Finance Secretary, according to an official order.</p>.<p>Seth, a 1987-batch Indian Administrative Service (IAS) officer of Karnataka cadre, is currently the Secretary of the Department of Economic Affairs.</p>.<p>The Appointments Committee of the Cabinet has approved designating Seth as the Finance Secretary, said the order issued by the Personnel Ministry.</p>.<p>The vacancy was necessitated following appointment of Tuhin Kant Pandey as the chairman of <a href="https://www.deccanherald.com/tags/sebi">Securities and Exchange Board of India (SEBI)</a> recently.</p>.<p>As per the convention, the senior-most secretary in the Union Finance Ministry is designated as the Finance Secretary.</p>