New Executive Director (ED) of RBI

RBI appoints Smt. Surekha Marandi as New ED

Question: Recently who has been appointed as Executive Director (ED) by Reserve Bank of India?
(a) M. Rajeshwar Rao
(b) G Mahalingam
(c) U.S. Paliwal
(d) Surekha Marandi
Ans: (d)
Related facts:

  • On 31 December 2016 Reserve Bank of India has appointed Surekha Marandi as Executive Director (ED).
  • She succeeds U.S. Paliwal who retired on December 31, 2016.
  • Marandi took charge on January 2, 2017.
  • As Executive Director Marandi will look after Consumer Education and Protection Department, Financial Inclusion and Development Department and Secretary’s Department.
  • She has also served on the Boards of United Bank of India and Bank of Baroda.

Reference:
https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=39135