New Delhi, Aug 9: The Centre has extended the tenure of Enforcement Directorate Director Rahul Navin by a year beyond August 13, a government order said. A 1993-batch Indian Revenue Service officer of the Income Tax cadre, 59-year-old Navin has been leading the federal anti-money laundering agency as its full-time chief since August 14, 2024. The order issued by the Appointments Committee of the Cabinet (ACC) on Saturday said it has approved extension in tenure of Navin as ED Director for a period of one year beyond August 13, 2026, i.e. According to rules, an officer can be appointed ED director for a tenure of two years followed by three one-year extensions each. The ED investigates financial crimes under two criminal laws– the Prevention of Money Laundering Act (PMLA) and the Fugitive Economic Offenders Act (FEOA), apart from the civil provisions of the Foreign Exchange Management Act (FEMA).