The Reserve Bank of India (RBI) has appointed Surekha Marandi as its Executive Director (ED). She was appointed in place of U S Paliwal who retired on December 31, 2016.
In her new role, she will look after Consumer Education and Protection Department, Financial Inclusion and Development Department, and Secretary’s Department of the RBI.
About Surekha Marandi
- Prior to her promotion as Executive Director, she had served as Principal Chief General Manager and Chief Vigilance Officer in the Reserve Bank over a span of three decades.
- She has rich experience of three decades in regulatory and supervisory, financial inclusion and development and human resource management areas in the RBI.
- She has also served on the Boards of United Bank (UB) and Bank of Baroda (BOB). She holds a Master’s Degree from Jadavpur University.
Note: RBI has 11 Executive Directors who are in charge of various departments.