Mumbai :

Harun Rashid Khan on Monday took charge as the deputy governor of the Reserve Bank of India for a period of three years. He replaces former deputy Shyamala Gopinath, who retired last month, the central bank said in a statement.

As one of the deputy governors at RBI, Mr Khan will look after external investments & operations, government & bank accounts, payment & settlement systems, foreign exchange, internal debt management department, inspection & central security cell.

Prior to this, he has been an executive director at the central bank in charge of DEIO and IDM since 2007. He joined the banking regulator in 1978 after masters in political science from Utkal University. He is a Certified Associate of the Indian Institute of Banking and Finance and also holds a diploma in business management.

An MPhil from JNU, Khan, who spent 32 years with RBI, is said to be mild but sharp. He has worked under former deputy governor Usha Thorat and handled internal debt management cell for several years. He has handled diverse responsibilities in areas of rural credit, currency management, banking supervision and regulation, debt management, reserve management, exchange control, personnel administration and internal accounts of RBI. He has also been associated with a number of internal and external committees, including technology exports, ways and means advances to states and working group on model fiscal responsibility and budget management bill for states, among others.

He also chaired a panel which was involved with rural credit and microfinance and popularly known as the Khan Committee. Khan was also the nominee director of RBI on the boards of  Dena Bank , Bank of Maharashtra , Punjab and Sind Bank, Bank of Rajasthan and Orissa State Finance Corporation.

The other three deputy governors at the central bank are KC Chakrabarty who looks after banking supervision, Subir Gokran in charge of monetary policy department and Anand Sinha in charge of banking operations and development & non-banking supervision.

source: http://www.articles.economictimes.indiatimes.com / The Economic Times / Home> News> News By Company> Corporate Announcements > Central Bank /  ET Bureau – July 05th, 2011

The government has appointed Harun Rashid Khan a deputy governor of the Reserve Bank of India ( RBI) .

Khan, who gets a three-year term, will monitor the foreign exchange department, payment and settlement systems and external investments and operations, among others.

H R Khan’s deputy governor’s position at the central bank became vacant after Shyamala Gopinath retired on June 20. RBI has four deputy governors. They serve for five years or till the age of 62, whichever is earlier.

Khan was an executive director (ED) at RBI since October 2007. He is credited with evolving the information communication technology-based business correspondent model for financial inclusion. He chaired the RBI internal committee on rural credit and microfinance. Based on the recommendations, RBI had issued guidelines to expand banking outreach through business correspondents.

As an ED, Khan was in charge of the department of external investments and operations, the foreign exchange department and internal debt management, among others.

He joined RBI in 1978, after a Masters in political science from Utkal. University, Bhubaneswar, and an M.Phil from the School of International Studies, Jawaharlal Nehru University, Delhi.

source: http://www.moneycontrol.com / MoneyControl.com> ELITE / Home> Economists> HR Khan