Raghuram Rajan to be 23rd RBI Governor in Sep 2013

Chief Economic Advisor Raghuram Rajan will be the next Reserve Bank of India (RBI) Governor after incumbent D Subbarao retires in September 2013

Tenure of RBI Governor: 3 Years

He will be the 23rd Governor of RBI ( Subba Rao is 22nd RBI Governor)

Mr Rajan, a former International Monetary Fund (IMF) Chief Economist has been appointed for a three-year period. He has a PhD from Massachusetts Institute of Technology, has done pioneering work in the areas of banking, corporate finance, and economic development, especially the role finance plays in it.

His Book: Fault Lines: How Hidden Fractures Still Threaten the World Economy, won the Financial Times Business Book of the Year award in 2010.