Vivek Aggarwal, a senior IAS officer, is elected as the first Indian vice-president of the Financial Action Task Force (FATF) for the 2026–27 term. Multiple outlets report that the appointment is announced following the FATF plenary held in Paris from 17 to 19 June, where member countries selected him as the next vice-president. He is set to succeed Giles Thomson of the United Kingdom, whose tenure runs until July 2025, according to reports.
Sources also describe Aggarwal’s prior experience within India’s financial and international engagements. He previously served as an additional secretary in the Ministry of Finance and has led India’s delegation to the FATF. One outlet also notes that he has chaired roles connected to India’s financial intelligence and anti-financial-crime efforts.
The reports frame the selection as part of India’s increasing participation in international efforts to combat money laundering, terrorist financing and other financial crimes. No new policy changes by FATF are described in the provided accounts; the focus remains on the leadership transition and Aggarwal’s background.
