RBI Central Board reconstituted

Mumbai, June 29 (UNI) The Government of India has reconstituted the Central Board of Directors of the Reserve Bank of India with effect from June 27, 2006 that is valid for four years.

Accordingly, the reconstituted RBI Central Board consists of Mr Suresh Tendulkar, Economist and Member, Prime Minister's Economic Advisory Council (to represent Eastern Area Local Board), Prof U R Rao, former Chairman ISRO and Chairman Research Council, Physical Research Laboratory, Department of Space (to represent Northern Area Local Board) and Mr Lakshmi Chand, IAS (Retd) to represent Southern Area Local Board.

Other members are Mr Azim Premji, Chairman, WIPRO, Mr Kumar Mangalam Birla, Chairman of Aditya Birla Group of Companies, Mrs Shashi Rekha Rajagopalan, Consultant, Co-operatives, Mr Suresh Kumar Neotia, Chairman, Ambuja Cements, Dr A Vaidyanathan, Madras Institute of Development Studies, Dr Man Mohan Sharma, FRS, former Director, Mumbai University Institute of Chemical Technology and Dr D Jayavarthanavelu, Chairman and Managing Director, Laxmi Machine Works Ltd.

The members re-nominated to the Board include Mr Y H Malegam, Chartered Accountant (to represent Western Area Local Board), Mr H P Ranina, Supreme Court Advocate and Dr Ashok S. Ganguly, Member, Investment Commission and Knowledge Commission and Chairman, ICICI OneSource Ltd.

Meanwhile, Mr Ratan Tata, Mr N R Narayana Murthy, Prof Mihir Rakshit, Mr K Madhava Rao, Prof V S Vyas, Mr K P Singh, Dr Amrita Patel and Mr Suresh Krishna retired as directors of the Central Board of RBI.

UNI SN MAZ SKB2017