A government-appointed panel Appointments Committee of the Cabinet (ACC) has selected N S Vishwanathan as a Reserve Bank of India deputy governor.
He served as Principal Chief General Manager in the Department of non-banking supervision at Reserve Bank of India. Vishwanathan has been an Executive Director at Reserve Bank of India since April 2014.
Vishwanathan, MA (Economics), served as a Director of Punjab National Bank from September 6, 2012 to May 31, 2013. He was also nominee director at Dena Bank Ltd. from May 30, 2011 to September 6, 2012.
He has served as Chief General Manager of Vigilance at IFCI Ltd, Delhi-based government owned finance company.
He will succeed HR Khan as Deputy Governor of RBI whose tenure is ending on July 3.
The RBI currently has four deputy governors. N S Vishwanathan, an Executive Director (ED) at the Reserve Bank of India (RBI), has earlier emerged as the top contender for the Deputy Governor’s post. Vishwanathan, who was elevated as ED in 2014, currently oversees banking and non-banking regulation departments.