The Reserve Bank has appointed Malvika Sinha as Executive Director following the appointment of B P Kanungo as Deputy Governor. Sinha took charge on April 3.
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As Executive Director, she will look after foreign exchange department, department of government and bank accounts and internal debt management wing, RBI said in a release.
Kanungo was Executive Director of the Reserve Bank before being elevated to the post of Deputy Governor. Sinha had joined the Reserve Bank in 1982 and as a career central banker served in the areas of regulation and supervision, foreign exchange and government and bank accounts.
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Prior to being promoted as ED, she was Principal Chief General Manager, Department of Cooperative Banking Supervision in the Reserve Bank.