Dinesh Sharma to be new Chairperson of Governing Council of IFAD

On 17 February and 18 February 2016 in Rome, Dinesh Sharma, got elected as the Chairperson of the Governing Council of IFAD.
•    He will serve for a period of two years.
•    Currently he is serving as Additional Finance Secretary and India’s Governor to the International Fund for Agriculture Development (IFAD)
•    The International Fund for Agriculture Development was set-up in 1977 as the 13th Specialised Agency of the United Nations.
•    It works towards removing poverty and hunger in rural areas all over the world.
•    India is a founder member of IFAD.
•    It is managed by the two main governing bodies: the Governing Council and the Executive Board. 
•    The President of the IFAD is Kanayo F. Nwanze from Nigeria, who was elected for a second four-year term in 2013.