The Reserve Bank of India (RBI) has appointed Ms. Malvika Sinha as Executive Director (ED) consequent upon the appointment of Mr. B P Kanungo as Deputy Governor yesterday.
Ms. Sinha took charge of her new position yesterday, a press release from the central bank said.
As Executive Director, Ms. Sinha will look after Foreign Exchange Department, Department of Government and Bank Accounts and Internal Debt Management Department.
Ms. Sinha holds a Master's Degree from University of Bombay and has done her Master's in Public Administration. She is also a Certificated Associate of Indian Institute of Bankers.
She joined RBI in 1982 and as a career central banker served in the areas of regulation and supervision, foreign exchange and Government and Bank Accounts in the Bank. Prior to being promoted as ED, she was Principal Chief General Manager, Department of Co-operative Banking Supervision in the Reserve Bank.