Shaktikanta Das appointed as new RBI Governor

Earlier he was member of the Fifteenth Finance Commission of India.

Update: 2018-12-11 13:12 GMT
Improvement in ease of doing business is \"extremely relevant\" and will promote private investment, growth and job creation, former Economic Affairs Secretary Shaktikanta Das said on Wednesday. (File Photo)

Mumbai: Former finance secretary and current member of the finance commission Shaktikanta Das has been appointed as the Governor of the Reserve Bank of India (RBI) on Tuesday, a government statement said.

Shaktikanta Das has been appointed as the central bank chief a day after Urjit Patel resigned from the post citing personal reasons.

Das, a history graduate from the prestigious St. Stephen's College in Delhi, was brought to the Finance Ministry soon after the BJP-led NDA government came to power in mid-2014 and given charge of the crucial revenue department.

Das, an IAS officer of Tamil Nadu, has been appointed for a term of three years.

He is the 25th Governor of the RBI.

Das retired as Economic Affairs Secretary in May 2017.

At the recent G-20 meet in Argentina, Shaktikanta Das was India’s Sherpa.

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