The Reserve Bank of India (RBI) has appointed M Rajeshwar Rao as Executive Director (ED) following voluntary retirement of G Mahalingam.
In his new role, Mr. Rao will look after Department of Statistics and Information Management, Financial markets Operations Department and International Department of the RBI.
About M Rajeshwar Rao
Rao has a Bachelor of Arts in Economics and a Master of Business Administration (MBA) from University of Cochin. He is also a Certificated Associate of Indian Institute of Bankers.
He had joined RBI in 1984 and as career central banker has exposure in various aspects of central bank functioning.
Prior to his appointment as ED, he was the Chief General Manager (CGM), Financial Markets Operations Department of the RBI.
Previously, he had held charge of the Risk Monitoring Department of RBI and also had worked as the Banking Ombudsman, New Delhi.
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