The Government has appointed Mr Harun Rashid Khan as Deputy Governor of Reserve Bank of India.
Following this appointment, the RBI now has four Deputy Governors. Besides Mr Khan, the other Deputy Governors are Dr K.C. Chakrabarty, Dr Subir Gokarn and Mr Anand Sinha.
Mr Harun Rashid Khan fills the vacancy created due to the superannuation of Ms Shyamala Gopinath on June 20. The central bank traditionally has four Deputy Governors, with two of them being from the RBI and the other two being external candidates — a senior commercial banker and an eminent economist.
Mr Khan will be in charge of Central Security Cell, Department of External Investments and Operations, Department of Government and Bank Accounts, Department of Payment and Settlement Systems, Foreign Exchange Department, Internal Debt Management Department and Inspection Department, the RBI said in a statement.
Prior to being appointed as the Deputy Governor, Mr Khan was Executive Director of RBI since October 2007. He looked after Department of External Investments and Operations, Foreign Exchange Department, Internal Debt Management Department and Department of Government and Bank Accounts.
Meanwhile, Mr G. Padmanabhan assumed charge as Executive Director of RBI on Monday. As Executive Director, he will look after Department of Information and Technology, Department of Payment and Settlement Systems and Foreign Exchange Department.