Nestle India appoints former RBI deputy governor as independent director on board

Q.  Which RBI ex deputy governor will join the board of Nestle India as an independent director?
- Published on 29 Mar 16

a. R. Gandhi
b. Rakesh Mohan
c. Raghuram Rajan
d. None of the above

ANSWER: Rakesh Mohan
 
Nestle on 28th January 2016 announced Rakesh Mohan, former RBI Deputy Governor, will join its board as an independent director. Mohan’s would come on Nestle India’s board from May 1, 2016, as an Independent Non—Executive Director, the company said in a statement.

Prior to it, he was on Nestle India’s board from April 2010 to October 2012 and had to relinquish it following his appointment as executive director at the International Monetary Fund. Mohan completed his three-year term at IMF in November, 2015.

About Rakesh Mohan
  • He was earlier RBI deputy governor
  • He has also held the post of a Secretary in CCEA

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