August 2026 Current Affairs: Appointments and National/International News

Flashcards covering key administrative appointments, international leadership changes, and organizational summaries from the June and July 2026 current affairs transcript.

Hitesh Rameshchandra Joshi

The official appointed as the Chairman-cum-Managing Director (CMD) of the General Insurance Corporation of India (GIC Re) from 16 June 2026 to 30 September 2028.

GIC Re

The General Insurance Corporation of India, which serves as India's national reinsurer.

Keki Mistry

The Interim Part-Time Chairman of HDFC Bank Limited whose tenure was extended by the RBI until 18 September 2026.

Rajendra Kumar Saboo

Executive Director of UCO Bank assigned additional charge as MD & CEO from 19 June 2026 until 31 August 2026.

Kunal Shah

Founder of CRED who stepped down as CEO in June 2026 to lead WhatsApp's global operations at Meta Platforms Inc.

Miten Sampat

The individual appointed as the Interim CEO of CRED after Kunal Shah's departure to Meta.

Pradeep Singh Kharola

Former CMD of Air India and former Secretary of MoCA who rejoined Air India as Executive Advisor to N. Chandrasekaran in June 2026.

Abiy Ahmed

The Ethiopian Prime Minister who secured a second consecutive five-year term in June 2026 and was the winner of the 2019 Nobel Peace Prize.

Prosperity Party (PP)

The political party that won $438$ out of $501$ contested seats in the Ethiopia general election held on 1 June 2026.

Jaime Abelardo de la Espriella

The winner of the 2026 Colombian Presidential Election who secured $49.66\%$ of the votes representing the Defenders of the Homeland alliance.

Mahesh Dixit

A 1993-batch IPS officer appointed as the new Director of the Intelligence Bureau (IB) for a two-year term starting in June 2026.

Ravi Shankar

The individual appointed as Executive Director (ED) of the RBI on 1 July 2026 to oversee the Department of Statistics and Information Management (DSIM).

Reserve Bank of India (RBI)

India's central bank established in $1935$ under the Reserve Bank of India Act, $1934$, responsible for monetary policy and currency management.

Air Marshal Ashutosh Dixit

The 51st Vice Chief of Air Staff (VCAS) of the Indian Air Force who assumed charge on 1 July 2026, succeeding Air Marshal Nagesh Kapoor.

Operation Safed Sagar

The Indian Air Force's operation conducted during the $1999$ Kargil War to support ground forces.

Ravi Agrawal

The official reappointed as Chairman of the Central Board of Direct Taxes (CBDT) on a contract basis from July 1, 2026, to December 31, 2026.

CBDT

The Central Board of Direct Taxes, the apex statutory authority for administering direct taxes in India, established in $1964$.

Keiko Fujimori

Leader of the Popular Force party and daughter of Alberto Fujimori, who won Peru's 2026 presidential election.

Dilip Asbe

MD and CEO of the National Payments Corporation of India (NPCI) appointed to the Supervisory Board of SWIFT in July 2026.

SWIFT

The Society for Worldwide Interbank Financial Telecommunication, a global messaging network for secure international transactions between financial institutions.

NPCI

The National Payments Corporation of India, established in $2008$ as the umbrella organisation for retail payment systems like UPI and RuPay.

Mindaugas Sinkevičius

Leader of the Lithuanian Social Democratic Party (LSDP) who was sworn in as the 20th Prime Minister of Lithuania in July 2026.