SMIFS Capital Markets Ltd. announced that the board of directors of the company at its meeting held on January 31, 2012 has appointed Anil Singhania, chartered accountant, as Chief Financial Officer (CFO) of the company with effect from February 01, 2012, as approved by the audit committee in their meeting held on January 31, 2012. Anil Singhania shall hold the office of Chief Financial officer in addition to his position of Vice President (Investment Banking).