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Bhushan Ashok Gagrani replaces Sanjay Bhatia as CIDCO Managing Director

Finally all speculations regarding the MD of Cidco have been put to rest. Bhushan Ashok Gagrani, who is presently the chief executive officer of MIDC, will take over the charges from Sanjay Bhatia. He will essay the dual responsibility of the CEO of MIDC and Cidco MD.
A source said, “Gagrani will handle the dual responsibility. He will remain the CEO of MIDC and will take the additional charge of Cidco as managing director.”
The question of new Cidco MD had been pending for long, leading to a lot of confusion. But with the announcement of Gagrani, all rumours have been put to rest. The new appointment will speed-up many projects whose fate had been lying in a limbo because of uncertainty.
Gagrani is a 1990 batch IAS officer who has done PG MCom, PG MA, LLB, MBA and PhD as well and has been MIDC’s CEO since 2012. Gagrani has earlier worked with the tourism department, medical and public health department. He will soon start reviewing the different projects that are underway.
A lot of projects are being handled by Cidco and huge money rides on the developing body. So, the appointment will give additional push to them.

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