Anand Sinha
| Anand Sinha | |
|---|---|
|
In office 11 January 2013 – 18 January 2014 | |
| Personal details | |
| Born | India |
| Nationality | Indian |
| Education | Indian Institute of Technology Delhi, IIT Delhi |
| Occupation | Banker |
| Known for | Deputy Governor of Reserve Bank of India |
Anand Sinha served as a deputy governor of the Reserve Bank of India, looking after Urban Banking, Risk Monitoring, Banking Operations & Development, Non-Banking Supervision, Expenditure & Budgetary Control and Information Technology.
Early life and education
Anand Sinha studied physics at the undergraduate level. He obtained his master's degree in physics from the Indian Institute of Technology, New Delhi.
Professional career
Anand Sinha joined RBI as a Grade-B officer . He rose through the ranks to reach the position of Executive Director. He was RBI's alternate representative in the Basel Committee on Banking Supervision (BCBS), Bank for International Settlements, Basel. He represented India on three sub-committees the BCBS, namely, Policy Development Group (PDG), Macro Prudential Supervision Group (MPG) and Macro Variable Task Force (MVTF). He also represented RBI on the Committee on Global Financial Systems (CGFS), BIS since December 2005. He was a member of the CGFS Working Group on Capital Flows to Emerging Market Economies. He represented India on the G20 Working Group on "Enhancing Sound Regulation and Strengthening Transparency" set up in the aftermath of the Global Financial Crisis.[1]
Shri Sinha served as director of Export Credit Guarantee Corporation of India Limited since 27 February 2006. He served as the Reserve Bank's nominee director on the boards of Dena Bank, Allahabad Bank, Bank of Baroda, Indian Overseas Bank, Deposit Insurance and Credit Guarantee Corporation and Export Credit and Guarantee Corporation at different phases of his career.[2]
On 19 January 2011, Anand Sinha was appointed as deputy governor of RBI for a period of two years.[3] His appointed was extended for a further period of 11 months till 18 January 2014. This extension was given to Sinha to smoothen the process of issue of new bank licences, an area being handled by him as the deputy governor in charge of Banking Operations and Development[4] The extension to Sinha, given on Governor Subbarao's recommendation to the Government,[5] came as a surprise, as two other Executive Directors of RBI, G. Gopalakrishna and R. Gandhi were in the race for the post of deputy governor when Sinha's original tenure came to an end.[6] This was the first time in recent years that a DG of RBI continued in office beyond the age of 62.,[7]
Other assignments
Director, Export Credit Guarantee Corporation of India Limited
Personal life
He is married to Sheela and the couple have two sons.
References
- ↑ "Profile of DG, RBI". Archived from the original on 28 May 2013.
- ↑ "Profile on Bloomberg Business Week".
- ↑ "Anand Sinha takes over as Deputy Governor". Archived from the original on 28 May 2013.
- ↑ "Urjit Patel appointed Deputy Governor". The Times Of India. 26 February 2013.
- ↑ "Sinha gets extension".
- ↑ "Gopalakrishna and Gandhi in race for DG Post".
- ↑ "Sinha gets another year".