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๐Ÿ‡ด๐Ÿ‡ฒ Oman /Economy & Trade

Former diplomat Syed Akbaruddin appointed to RBI central board for four-year term

From Times of Oman · () English

Translated from English and summarized by DistantNews. Read the original for the full story.

At a glance

News Official statement New plan
  • India appointed former U.N. ambassador Syed Akbaruddin as a part-time, non-official director on the Reserve Bank of Indiaโ€™s Central Board for four years.
  • The Appointments Committee of the Cabinet also appointed Annie George Mathew and Janmejaya Kumar Sinha to the board.
  • Akbaruddin brings experience in diplomacy, public administration and international affairs to the central bankโ€™s governing body.

Former Indian diplomat Syed Akbaruddin has joined the Central Board of the Reserve Bank of India for a four-year term as a part-time, non-official director.

The Appointments Committee of the Cabinet approved his appointment. The board oversees the general direction and affairs of Indiaโ€™s central bank.

Akbaruddin served as Indiaโ€™s permanent representative to the United Nations in New York from 2016 to 2020. A 1985-batch Indian Foreign Service officer, he previously worked as the official spokesperson for the Ministry of External Affairs. Since 2021, he has been dean of the Kautilya School of Public Policy at GITAM University.

It is an honour and a privilege to serve on the Central Board of the Reserve Bank of India, one of the countryโ€™s premier public institutions.

· Syed AkbaruddinAkbaruddin commented on his appointment to the central bankโ€™s governing board.

The board also appointed Annie George Mathew, a former special secretary of expenditure in the Finance Ministry, and Janmejaya Kumar Sinha, chairman of Boston Consulting Group India. Their appointments bring experience in diplomacy, public finance, economic policy and corporate strategy.

โ€œIt is an honour and a privilege to serve on the Central Board of the Reserve Bank of India, one of the countryโ€™s premier public institutions,โ€ Akbaruddin said. โ€œI am grateful for the trust placed in me. I look forward to contributing, with humility and diligence, to its deliberations in the service of Indiaโ€™s economy and people.โ€

Akbaruddinโ€™s background in multilateral affairs, foreign policy and governance will feed into board discussions involving monetary matters, international trade shifts, global economic developments and geopolitical factors.

I am grateful for the trust placed in me. I look forward to contributing, with humility and diligence, to its deliberations in the service of Indiaโ€™s economy and people.

· Syed AkbaruddinHe described how he intended to approach his new role.
About this summary

Originally published by Times of Oman in English. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.