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The Appointments Committee of the Cabinet (ACC) has appointed N S Vishwanathan as the Deputy Governor of RBI. Vishwanathan was executive director at RBI.
He will succeed HR Khan as Deputy Governor of RBI whose tenure is ending on July 3.
HR Khan had a five-year term as the RBI deputy governor in charge of financial markets and infrastructure, external investments and operations, payment and settlements, information technology, foreign exchange and internal debt management.
Apart from Vishwanathan, other RBI executive directors including M Patra, Deepali Pant Joshi, Chandan Sinha and Deepak Mohanty had also interviewed for the post.
The RBI has four deputy governors: two internal appointments (Khan and R Gandhi), one commercial banker (former Bank of Baroda chairman SS Mundra) and an economist to head the monetary policy department (Urjit Patel).
(with inputs from agencies)