The appointment of Raghuram Rajan as the RBI Governor is an excellent choice, said A.M. Naik, Group Executive Chairman, Larsen & Toubro.

“He has impeccable academic credentials and global experience which are well suited to his role as RBI Governor in a world of increasingly interconnected economies. His young age will give him the required energy and dynamism to deal with the rapidly changing environment. He is the most appropriate person to guide India’s monetary policy through the turbulent times that the global economy is facing.

“As Chairman of the board of IIM, Ahmedabad, I am especially pleased that an alumnus of the institute has been selected for this coveted position,” he said.

shanker.s@thehindu.co.in

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