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Wednesday, Sep 22, 2004

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Money & Banking - People


New RBI Dy Governors assume charge

Our Bureau


Mr V. Leeladhar and Ms Shyamala Gopinath at the RBI headquarters in Mumbai on Tuesday. - - Paul Noronha

Mumbai , Sept. 21

THE two newly appointed Deputy Governors of the Reserve Bank of India assumed charge on Tuesday.

Ms Shyamala Gopinath, Executive Director, RBI and Mr V. Leeladhar, Chairman and Managing Director of Union Bank of India, were appointed as Deputy Governors by the Government on Monday.

Ms Gopinath will hold charge for a period of five years or till she attains the age of 62 years, whichever is earlier, till June 2011, while Mr Leeladhar will hold charge till attaining the age of 62 years, that is, till December 2008, as per the notification.

Ms Gopinath will oversee Department of Government and Bank Accounts, Department of Expenditure and Budgetary Control, Department of Non-Banking Supervision, Foreign Exchange Department, Legal Department and Central Security Cell.

Mr Leeladhar will oversee Department of Information Technology, Department of Administration and Personnel Management, Human Resources Development Department, Premises Department, Rural Planning & Credit Department and Urban Banks Department.

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