The Reserve Bank of India (RBI) appointed Shri Sudhakar Malli as Executive Director effective October 1, 2026. Prior to this role, Malli served as Chief General Manager-in-Charge of the Department of Supervision. His appointment was announced in an RBI press release dated October 3, 2026.
Shri Sudhakar Malli is a career central banker with nearly 30 years of experience, primarily in supervising banks, non-banking financial companies, and cooperative banks. He has over five years of supervisory experience in overseas jurisdictions and has also worked in currency management. As Executive Director, he will oversee the Department of Supervision (Supervisory Assessment), continuing his work in bank and financial institution oversight, according to rbi.org.in.
Malli’s appointment comes at a time when the RBI continues to strengthen its supervisory framework amid evolving financial sector challenges. His extensive experience in supervision aligns with the central bank’s focus on maintaining financial stability. His background as a Certified Associate of the Indian Institute of Bankers and a B.Tech graduate in Mechanical Engineering underscores the technical expertise he brings to the role.
The RBI’s official press release, numbered 2026-2027/1241, confirms Malli’s appointment and details his responsibilities. His leadership in the Department of Supervision will be crucial as the RBI navigates regulatory priorities in the coming fiscal year.