Govt appoints Tarun Bajaj as Director on Reserve Bank Central Board

As a Joint Secretary in the Department of Financial Services for four years, he was looking after the insurance division

The government has appointed Economic Affairs Secretary Tarun Bajaj as a director on the central board of Reserve Bank of India (RBI). Bajaj replaces Atanu Chakraborty, who retired on April 30.

"The Central Government has nominated Tarun Bajaj, Secretary, Department of Economic Affairs, Ministry of Finance, Government of India as a Director on the Central Board of Reserve Bank of India vice Atanu Chakraborty," RBI said in a statement on Wednesday.

The nomination of Bajaj is effective from May 5 and until further orders, it