D K Mittal

Retirement 2013-01-31 to first listed directorship 2014-01-08

The rule: DoPT Office Memorandum of 5 Dec 2006 (as described by The Indian Express): a one-year cooling-off period after retirement before joining private company boards, which can be shortened with separate government approval. For All India Services, rule 26 of the AIS (DCRB) Rules, 1958 (see research/deals/moves.json for the DoPT FAQ source).

1. retired 31 Jan 2013Documented

   Secretary, Department of Financial Services, Ministry of Finance

   The Indian Express

2. 342 days after leaving.

3. 8 Jan 2014Documented

   Business Strategy Advisory Services (own company); HSBC Asset Management (Feb 2014), Bharti Airtel (Mar 2014), Max Life Insurance (Apr 2014), Jet Airways (Nov 2014)

   Director

   D K Mittal: Retired as Secretary, Department of Financial Services, Ministry of Finance, on January 31, 2013. Within the one-year cooling-off period, appointed Director in Business Strategy Advisory Services on January 8, 2014.

   The Indian Express

The Indian Express (2021) reported the timing against the cooling-off rule; it did not report a specific decision involving the company. Not yet checked for in-office dealings.

Response: D K Mittal

“Mutual funds are dealt with by the DEA (Department of Economic Affairs). I have been careful not to join any bank board. Until now, I have not joined any bank. I knew the conflict of interest.” indianexpress.com