CCD’s Interim Chairman SV Ranganath: A Bureaucrat Who Served 6 CMs
SV Ranganath was currently a non-executive independent director of the Coffee Day group.
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After VG Siddhartha’s body was found on the banks of River Netravati in Mangaluru – confirming his demise two days after he went missing – Cafe Coffee Day appointed an interim chairman on Wednesday, 31 July.
SV Ranganath, a 66-year-old former IAS officer and currently non-executive independent director of the Coffee Day group, will take over Siddhartha’s role. Nitin Bagmane was appointed as interim chief operating officer.
Who’s SV Ranganath?
With a postgraduate degree in Chemistry, Ranganath joined the IAS in 2009 and retired from the services in 2013 as the Chief Secretary of Karnataka. He was chosen for the position in 2009 by the Yediyurappa government and has had one of the longest tenures in that position, which was extended multiple times before he finally retired.
According to a report by Deccan Herald, the Yediyurappa government gave preference to Ranganath for the position of Chief Secretary over other senior bureaucrats. The same report also said that he had directly served over six chief ministers before his appointment as the chief secretary.
He had served as principal secretary to Chief Ministers SM Krishna, HD Kumaraswamy and N Dharam Singh, Secretary to Veerappa Moily and HD Deve Gowda, and Joint Secretary to Ramakrishna Hegde.
Those who have followed Ranganath in the bureaucratic circles of Bengaluru described him as a “respected and honest” officer.
Apart from his roles in Karnataka, he also served as Additional Secretary & Financial Adviser in the Department of Space and Member (Finance) to the Space Commission, Atomic Energy Commission and Earth Commission in the Centre.
After retirement, from 2014 to 2017, Ranganath served as non-executive chairperson of the Industrial Finance Corporation of India. He also worked as Chairman of the Indian Coffee Board and was Resident Director at Indian Investment Centre, Abu Dhabi.
Ranganath was appointed to the board of CCD in 2015 and also serves as an independent, non-executive director of Bosch Ltd.
(With inputs from Deccan Herald)
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