New Delhi, June 5 -- Economist Neelkanth Mishra has been appointed as India's Executive Director at the World Bank, marking a significant addition to the country's representation at one of the world's leading multilateral financial institutions.

The appointment, approved by the Appointments Committee of the Cabinet (ACC), will be for a tenure of three years at the World Bank headquarters in Washington, DC. Mishra will succeed Parameswaran Iyer, whose tenure has been extended until Mishra assumes office.

Mishra is widely regarded as one of India's most respected economists and market strategists. He currently serves as Chief Economist at Axis Bank and is also Head of Global Research and a Whole-Time Director at Axis Capital.

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