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1. Who was appointed as the new Chairman and Managing Director (CMD) of IL&FS Group in October 2024?
Nand Kishore has been appointed as the new Chairman and Managing Director (CMD) of IL&FS Group, effective October 1, 2024. Before this role, he served as the company's Managing Director. His appointment comes after the completion of CS Rajan’s six-year term, during which IL&FS successfully resolved a significant portion of its financial issues, managing to achieve a debt resolution amounting to ₹55,000 crores.