Updated By: LatestGKGS Desk
RBI Appointed Sudha Balakrishnan As Its First Chief Financial Officer
RBI Appointed Sudha Balakrishnan As Its First Chief Financial Officer- Services Held, Role in RBI
Reserve Bank of India (RBI) has appointed Sudha Balakrishnan as the first Chief Financial Officer (CFO).
Sudha Balakrishnan will be the 12th executive director of the RBI and will have a tenure of 3 years.
Sudha Balakrishnan is chartered accountant by profession, prior to her appointment in RBI, she was the former Executive Vice President of National Securities Depository Limited (NSDL) India's first and largest depository.
Sudha Balakrishnan as a new CFO will be in charge of RBI’s balance sheet to ensure accounting policies and procedures comply with regulations.
Sudha Balakrishnan will also take charge of government and bank account department, which processes government transactions like payments and revenue collections. She will also oversee RBI’s investments in India and abroad.
Sudha Balakrishnan will also be in charge of dividend RBI pays to the government, which is crucial in final budgetary calculations.
