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The Reserve Bank of India (RBI) has today appointed M Rajeshwar Rao as Executive Director. Prior to taking over this role, he was the Chief General Manager, Financial Markets Operations Department. He has previously held charge of the Risk Monitoring Department. He has also worked as the Banking Ombudsman, New Delhi and in the Reserve Bank’s regional offices at Ahmedabad, Hyderabad, Chennai and New Delhi.
As Executive Director, He will look after Department of Statistics and Information Management, Financial markets Operations Department and International Department.
He is going to replace G Mahalingam, who recently took voluntary retirement from the central bank.
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