Shaktikanta Das Appoint as new Governor of RBI

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Former finance secretary Shaktikanta Das has been appointed the new governor of Reserve Bank of India.

The 54-year old Indian economist had served as the deputy governor for three years before his appointment as the governor on September 4, 2016.

“It has been my privilege and honor to serve in the Reserve Bank of India in various capacities over the years. The support and hard work of RBI staff, officers and management has been the proximate driver of the Bank’s considerable accomplishments in recent years. I take this opportunity to express gratitude to my colleagues and Directors of the RBI Central Board, and wish them all the best for the future, ” Patel said in a statement.

Shaktikanta Das took charge as The 25th Governer of The Reserve Bank of India

Know About new Governor

Shaktikanta Das is a graduate (BA) and a postgraduate (MA) in history subject.

Shaktikanta Das served in various positions for both the Government of India and the Government of Tamil Nadu, like as Principal Secretary (Industries), Special Commissioner (Revenue), Secretary (Revenue), Secretary (Commercial Taxes), project director of Tamil Nadu State AIDS Control Society and as the district magistrate and collector of Dindigul and Kancheepuram districts in the Tamil Nadu government; and as Union Economic Affairs Secretary, Union Revenue Secretary, Union Fertilizers Secretary, special secretary in the Department of Economic Affairs of the Ministry of Finance and as a joint secretary in the Department of Expenditure of the Ministry of Finance in the Indian government.

Das also had a stint with Mahindra Industrial Park Ltd (Mahindra World City), on deputation to a private sector companyunder Rule 6(2)(ii) of the Indian Administrative Service (Cadre) Rules, 1954.

Economic Affairs Secretary

Shaktikanta Das was appointed as Union Economic Affairs Secretary by ACC in August 2016, he assumed the office of Secretary on 31 August 2016, and admitted it and simultaneously superannuated from service on 28 May 2017, after being given a three-month extension by the government.

During his tenure as Union Economic Affairs Secretary, Das was widely regarded as one of the most powerful people in India.

Post retirement

Post his retirement from the IAS, Das was appointed as a member of the Fifteenth Finance Commission. In addition, he was appointed as India’s Sherpa to the G-20