Mumbai, Oct. 2 -- The Reserve Bank of India (RBI) has appointed Sudhakar Malli as Executive Director (ED) with effect from October 1, the central bank said in an official statement on Friday.

Prior to his appointment as Executive Director, Malli was serving as Chief General Manager-in-Charge of the Department of Supervision at the RBI. As Executive Director, Malli will look after the Department of Supervision (Supervisory Assessment), the RBI said.

RBI also shared that Sudhakar Malli is a career central banker with around three decades of experience, according to the central bank. He has extensive experience in the supervision of banks, non-banking financial companies (NBFCs) and co-operative banks.

The RBI said his supervisory experie...