RBI appoints M Rajeshwar Rao as Executive Director

Reserve Bank of India on 7 November 2016 appointed M Rajeshwar Rao as the Executive Director. He succeeded G Mahalingam, who took voluntary retirement from the central bank.

As Executive Director, Rajeshwar Rao will look after Department of Statistics and Information Management, Financial Markets Operation Department and International Department.

Rajeshwar Rao

•    Prior to taking over as the Executive Director, Rajeshwar Rao was the Chief General Manager, Financial Markets Operations Department.

•    He carried a Bachelor of Arts in Economics and a Master of Business Administration from University of Cochin. He is also a Certificated Associate of Indian Institute of Bankers.

•    He joined the Reserve Bank in 1984 and as career central banker has exposure in various aspects of central bank functioning.

•    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.