Sanjay Malhotra (born 14 February 1968) is an Indian bureaucrat and IAS officer who is serving as the current and 26th Governor of the Reserve Bank of India since 11 December 2024.
Early life and education
Malhotra was born in
Bikaner,
Rajasthan and completed his schooling from Kendriya Vidyalaya of Bikaner . He graduated with a Bachelor of Technology in
computer science from the
IIT Kanpur.
He then completed his Master's degree in
Public policy from the Princeton University, United States.
His father was an officer in the Border Security Force (BSF).
Career
Malhotra's career in the Indian government's bureaucracy began in 2000, when was appointed as Private Secretary to a Union Minister. Before his appointment as Private Secretary, he served in various departments in Rajasthan.
From 2003 to 2020, Malhotra worked in the Rajasthan government's departments of mines and minerals, information and broadcasting, finance, energy, and commercial taxation.
Between 2003 and 2020, in an international posting, Malhotra was a project coordinator in the United Nations Industrial Development Organisation (UNIDO), where he held the rank of Deputy Secretary.
From 2000 to 2003, Malhotra was Personal Secretary to the Minister of State for Space and the Minister of State for Micro, Small and Medium Enterprises.
In 2020, he was appointed as the Additional Secretary in the Ministry of Power and he also served as the
chairman and managing director of the Rural Electrification Corporation.
In February 2022, he was appointed Secretary of Financial Services in the Ministry of Finance and during his time in the position, he launched the initial public offering of the Life Insurance Corporation and was also a member of the board of the Reserve Bank of India (RBI).
