Shaktikanta Das Re-Appointed As RBI Governor, Gets Extended Tenure For Three More Years

In his previous tenure, Das held the position of secretary in the department of economic affairs at the finance ministry and later appointed as the head of the central bank in 2018

Shaktikanta Das (Image: AFP)

New Delhi: In a reappointment, the government has extended the tenure of Reserve Bank of India's governor Shaktikanta Das for three more years. The re-appointment is effective from December 10, or until further orders, whichever is earlier.

"The Appointments Committee of the Cabinet has approved the reappointment of Shaktikanta Das as Reserve Bank of India Governor for a period of three years beyond 10.12.2021 or until further orders, whichever is earlier," stated the official statement, according to news agency ANI.

The decision has been approved by the appointments committee of the Cabinet on Thursday. In his previous tenure, Das held the position of secretary in the department of economic affairs at the finance ministry and later appointed as the head of the central bank on December 11, 2018, for a period of three years.

Shaktikanta Das holds a vast experience in various areas of governance and has held important positions in the central and state governments in the areas of Finance, Taxation, Industries, Infrastructure, etc. He is a postgraduate from St. Stephen’s College, Delhi University.

In his extensive tenure in the ministry of finance, he was directly associated with the preparation of as many as eight Union Budgets. Das has also served as India’s Alternate Governor in the World Bank, Asian Development Bank (ADB), New Development Bank (NDB) and Asian Infrastructure Investment Bank (AIIB). He has represented India in international fora like the IMF, G20, BRICS, SAARC, etc.