The Reserve Bank of India has appointed Shri M. Rajeshwar Rao as the Executive Director consequent upon Shri G. Mahalingam taking voluntary retirement from the Reserve Bank. As Executive Director, Shri Rajeshwar Rao will look after Department of Statistics and Information Management, Financial Markets Operation Department and International Department. Prior to taking over as the Executive Director, Shri Rajeshwar Rao was the Chief General Manager, Financial Markets Operations Department.
Shri Rajeshwar Rao has 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.
Shri Rajeshwar Rao 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.
Press Release : 2016-2017/1127