STOCK MARKET BSE NSE

RBI ED Gopalakrishna Takes VRS, Joins CAFRAL

Published: 22nd April 2014 06:00 AM  |   Last Updated: 22nd April 2014 01:56 AM   |  A+A-

Reserve Bank of India Executive Director G Gopalakrishna has voluntarily retired from the service and  joined as director of Centre for Advanced Financial Research and Learning (CAFRAL), a not-for-profit organisation.

Gopalakrishna took voluntary retirement on April 20 to take over charge as director of CAFRAL, an independent body fully funded by the Reserve Bank of India on April 21, the apex bank said in a statement on Monday.

His name was in the reckoning for Deputy Governor in place of Anand Sinha who retired in January.

He was the senior most among nine Eexcutive Directors who appeared before the search panel headed by the Reserve Bank Governor Raghuram Rajan.

However, R Gandhi was selected for the post of Deputy Governor earlier this month.

A career central banker, Gopalakrishna joined the Reserve Bank in August 1980 and in a distinguished career spanning more than 33 years has worked in the areas of regulation and supervision of the banking sector, foreign exchange management, supervision of non-banking finance companies sector, payments systems, etc.

He was appointed as Executive Director on October 26, 2007, and looked after banking supervision, financial stability and communication before seeking retirement from the Reserve Bank of India.

Gopalakrishna also had a stint as the Executive Director of the Deposit Insurance & Credit Guarantee Corporation.

Stay up to date on all the latest Business news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp