Page 21 - Banking Finance December 2016

NEW APPOINTMENTS

PEOPLE ON THE MOVE

RBI appoints M Rajeshwar Rao as Executive Director
Reserve Bank of India has appointed M Rajeshwar Rao as the Executive Director. He succeeded G
Mahalingam, who took voluntary retirement from the central bank.
As Executive Director, Rajeshwar Rao will look after Department of Statistics and Information Man-
agement, Financial Markets Operation Department and International Department.
M Rajeshwar Rao Prior to taking over as the Executive Director, Rajeshwar Rao was the Chief General Manager, Finan-
cial Markets Operations Department. He joined the Reserve Bank in 1984 and as career central banker
has exposure in various aspects of central bank functioning.

Shri Dibakar Mohanty joins as New Managing Director of SBBJ
Shri Dibakar Mohanty has assumed charge as the Managing Director of State Bank of Bikaner & Jaipur.
Prior to the present assignment, he has held various important positions in State Bank of India such as
General Manager, Local Head Office, Mumbai. Chief General Manager, Corporate Centre, Mumbai.
Shri Dibakar Mohanty had joined State Bank of India as a Probationary Officer in 1982 and has a vast
experience in all areas of banking operations. He is Post Graduate in Science.
Dibakar Mohanty

Ratnesh Kumar appointed MD and CEO of BoB Capital Markets Ltd.
Bank of Baroda (BoB) appointed Ratnesh Kumar as Managing Director (MD) and Chief Executive Of-
ficer (CEO) of its wholly-owned investment banking subsidiary, BoB Capital Markets Ltd.
The public sector bank stated that Kumar started his career in the Indian capital markets and finan-
cial services sector in 1993. During the past 23 years, he has had diverse experience and has held key
leadership roles, the last being Managing Director, Head-Cash Equities India & CEO of Standard Char-
Ratnesh Kumar
tered Securities India, wherein the main business segments included institutional brokerage, equity
capital markets, equity research and retail broking.

CBDT to get Sushil Chandra as new Chairman
Senior Indian Revenue Service officer Sushil Chandra has taken over as Chairman of the Central Board
of Direct Taxes (CBDT), the policy-making body for the Income Tax department. Incumbent Chairper-
son Rani Singh Nair retired from service after being at the top post for three months, after she took
over on August 1.
Sushil Chandra
Chitra Ramkrishna named Chairperson of WFE

The World Federation of Exchanges (WFE), a global industry association for Exchanges and clearing
houses, has chosen Chitra Ramkrishna, MD & CEO, NSE as Chairperson of its Board.

She is the first woman Chair of WFE. WFE members at the 56th General Assembly in Cartagena,
Colombia chose her name.
Chitra Ramkrishna

BANKING FINANCE | DECEMBER | 2016 | 21

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