Sanjay Malhotra has been appointed as the 26th Governor of the Reserve Bank of India (RBI).
His tenure will begin on December 11, 2024, and will last for three years.
A 1990-batch Indian Administrative Service (IAS) officer from the Rajasthan cadre, Malhotra is an Engineering graduate in Computer Science from IIT Kanpur and holds a Master’s degree in Public Policy from Princeton University.
Over his 33-year career, he has held various key positions across sectors such as finance, taxation, power, information technology, and mines.
Currently, as the Revenue Secretary, he plays a pivotal role in formulating tax policies, including those for direct and indirect taxes.
He succeeds Shaktikanta Das, who has completed a successful six-year term as the RBI Governor.
Das was appointed as the 25th Governor of the RBI on December 12, 2018, after the abrupt exit of Urjit Patel. His three years term was extended in 2021.
