Neeraj Gambhir, currently working as the chief of fixed income business of Nomura India, may become the next deputy governor of Reserve Bank of India. According to a report in The Times of India, the foreign bank executive is in the fray for the RBI’s deputy governor post. Basically, RBI has four deputy governors. The team of four comprises of an economist, a commercial bank chief and two internal officers from the central bank. As the tenure of SS Mundra recently came to an end, the 4th slot is still lying vacant.
According to the LinkedIn profile of Neeraj Gambhir, he is currently working as Managing Director & Head of Nomura Fixed Income Securities India. He has been there since October 2008.
In the past, Gambhir served as Managing Director of Lehman Brothers.
Also, he has been a senior manager at ICICI Bank as well.
As per LinkedIn profile, he has done his MBA from IIM Lucknow and engineering from Punjab Engineering College.
Earlier, it was reported by news agency PTI that eminent economist Raghuram Rajan was initially offered the job of deputy governor in the Reserve Bank of India which he did not accept, and a decade later he joined the central bank as a governor.