Who: Shaktikanta Das
What: Nominated to the RBI Central Board of Directors
When: 31 October 2015
Economic Affairs Secretary Shaktikanta Das was on 30 October 2015 nominated as a Director to the Central Board of Directors of the Reserve Bank of India (RBI). The nomination of Das is effective from 30 October 2015 and until further orders.
Shaktikanta Das is presently working as a Secretary in the Department of Economic Affairs under the Union Ministry of Finance. Das is a 1980 batch IAS officer of Tamil Nadu cadre officer.
About Central Board of Directors of RBI
• The Central Board of Directors of RBI govern the Reserve Bank’s affairs and is also responsible for its general superintendence and direction.
• The board is nominated by the Union Government in keeping with the Reserve Bank of India Act for a period of four years.
• There are 21 members in the board of RBI including a Governor, 4 Deputy Governors, 10 Directors, two government Official, 4 directors are from local boards of RBI which are headquartered at Mumbai, Kolkata, Chennai and New Delhi.