Sudhakar Malli Named Executive Director of Reserve Bank of India

Key facts

• The Reserve Bank of India (RBI) appointed Sudhakar Malli as Executive Director with effect from October 1.
• Prior to his promotion, Sudhakar Malli served as Chief General Manager-in-Charge of the Department of Supervision in the RBI, and as Executive Director he will look after the Department of Supervision (Supervisory Assessment).
• Sudhakar Malli is a career central banker with around three decades of experience, including over two and a half decades in the supervision of banks, non-banking financial companies and co-operative banks, around five years of supervisory experience in overseas jurisdictions, and work in Currency Management; he holds a BTech in Mechanical Engineering and is a Certified Associate of the Indian Institute of Bankers (CAIIB).
• Last month, the RBI appointed Suman Ray as Executive Director, who looks after the Department of Deposit Insurance and Credit Guarantee Corporation and Premises Department, having earlier served as Regional Director for Maharashtra.
• In August, the RBI appointed Monisha Chakraborty as Executive Director, looking after the Foreign Exchange Department and the Financial Markets Regulation Department.