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Sanjay Kaul Appointed MD & Group CEO of GIFT City

Kaul begins a three-year deputation aimed at launching strategic initiatives to boost GIFT City’s global financial ties.

Overview

  • Sanjay Kaul officially took charge on July 21 after the General Administration Department issued his appointment notification on July 15.
  • He succeeds retired IAS officer Tapan Ray, who led GIFT City’s growth since 2019.
  • A 2001-batch Indian Administrative Service officer, Kaul brings over 20 years of experience in public policy, infrastructure, technology and finance.
  • Before this role, he served as Joint Secretary in the Ministry of Culture and headed Gujarat Informatics Limited and the Tourism Corporation of Gujarat.
  • GIFT City, India’s first smart city and International Financial Services Centre, offers low operational costs, tax incentives and sustainable infrastructure such as district cooling and automated waste collection.