The Reserve Bank has appointed Malvika Sinha as Executive Director following the appointment of B P Kanungo as Deputy Governor.
Sinha took charge on April 3.
As Executive Director, she will look after foreign exchange department, department of government and bank accounts and internal debt management wing.
Kanungo was Executive Director of the Reserve Bank before being elevated to the post of Deputy Governor.
Sinha had joined the Reserve Bank in 1982 and as a career central banker served in the areas of regulation and supervision, foreign exchange and government and bank accounts.
Prior to being promoted as ED, she was Principal Chief General Manager, Department of Cooperative Banking Supervision in the Reserve Bank.
Sinha holds a Masters Degree from University of Bombay and has done her Masters in Public Administration. She is also a Certificated Associate of Indian Institute of Bankers.