The state government has appointed Vishal Prakash, an investment banker, as the Chief Executive Officer (CEO) of the Goa Investment Promotion and Facilitation Board (IPB) for a fixed term of five years.
Prakash, who earlier worked for JP Morgan and Standard Chartered will be paid a monthly salary of ₹2 lakh. His appointment will end the long wait for a full time CEO for the IPB. The government had invited applications for the post of CEO of the IPB. A total of 16 candidates were shortlisted by the four-member screening committee headed by Secretary for Industries. The process to appoint a full-time CEO began in the same month. As an interim measure, managing director of the GSIDC Srinet Kothwale was given the charge
