RBI appoints Sudhakar Malli as Executive Director
Why in the news
The Reserve Bank of India announced on 2 October 2026 that Sudhakar Malli has been appointed Executive Director (ED), effective 1 October 2026.
Key facts
- New post: Executive Director, RBI, from 1 October 2026.
- Previous post: Chief General Manager-in-Charge, Department of Supervision.
- Portfolio: He will look after the Department of Supervision (Supervisory Assessment).
- Experience: A career central banker with around three decades in the RBI; more than 25 years in supervision of banks, NBFCs and co-operative banks.
- Overseas work: About five years of supervisory experience in overseas jurisdictions; he has also worked in currency management.
- Qualifications: B.Tech in Mechanical Engineering and CAIIB (Certified Associate of the Indian Institute of Bankers).
| Item | Detail |
|---|---|
| Name | Sudhakar Malli |
| Effective date | 1 October 2026 |
| Earlier role | CGM-in-Charge, Department of Supervision |
| New charge | Department of Supervision (Supervisory Assessment) |
About the appointee
Sudhakar Malli has spent his career in the central bank, largely in supervising regulated entities such as commercial banks, NBFCs and co-operative banks, with a stint in currency management and about five years of supervisory work abroad. The press release was issued by the RBI on 2 October 2026.
Exam angle
- Note the name, effective date and portfolio of the new ED.
- His background is mainly in supervision of banks, NBFCs and co-operative banks.
- Appointment questions often ask the previous post held: CGM-in-Charge, Department of Supervision.