Sanjay Malhotra (born 14 February 1968) is an Indian

bureaucrat A bureaucrat is a member of a bureaucracy and can compose the administration of any organization of any size, although the term usually connotes someone within an institution of government. The term ''bureaucrat'' derives from "bureaucracy", wh ...

and IAS officer who is serving as the current and 26th

Governor A governor is an politician, administrative leader and head of a polity or Region#Political regions, political region, in some cases, such as governor-general, governors-general, as the head of a state's official representative. Depending on the ...

of the

Reserve Bank of India Reserve Bank of India, abbreviated as RBI, is the central bank of the Republic of India, and regulatory body responsible for regulation of the Indian banking system and Indian rupee, Indian currency. Owned by the Ministry of Finance (India), Min ...

since 11 December 2024. He is an IAS Officer of the 1990 Batch

Rajasthan Rajasthan (; Literal translation, lit. 'Land of Kings') is a States and union territories of India, state in northwestern India. It covers or 10.4 per cent of India's total geographical area. It is the List of states and union territories of ...

Cadre, and has served in various positions throughout his career.

Early life and education

Malhotra was born in

Bikaner Bikaner () is a city in the northwest of the States and territories of India, state of Rajasthan, India. It is located northwest of the state capital, Jaipur. It is the administrative headquarters of Bikaner District and Bikaner division. Fo ...

and completed his schooling from

Kendriya Vidyalaya The Kendriya Vidyalaya Sangathan () is a system of Government of India, central government schools in India. Governed by the Ministry of Education (India), Ministry of Education, Government of India. , it has a total of 1,257 schools in India, ...

of Bikaner . He graduated with a

Bachelor of Technology A Bachelor of Technology (BTech) is an undergraduate degree that is awarded for a higher education program in engineering. Countries Australia In Australia, the Bachelor of Technology degree is offered by RMIT University, Edith Cowan Univ ...

computer science Computer science is the study of computation, information, and automation. Computer science spans Theoretical computer science, theoretical disciplines (such as algorithms, theory of computation, and information theory) to Applied science, ...

from the

Indian Institute of Technology, Kanpur The Indian Institute of Technology Kanpur (IIT- Kanpur or IIT-K) is a public institute of technology located in Kanpur, Uttar Pradesh, India. As an Indian Institute of Technology (IIT), it was declared an Institute of National Importance by th ...

. He then completed his

Master's A master's degree (from Latin ) is a postgraduate academic degree awarded by universities or colleges upon completion of a course of study demonstrating mastery or a high-order overview of a specific field of study or area of professional prac ...

degree in

Public policy Public policy is an institutionalized proposal or a Group decision-making, decided set of elements like laws, regulations, guidelines, and actions to Problem solving, solve or address relevant and problematic social issues, guided by a conceptio ...

from the

Princeton University Princeton University is a private university, private Ivy League research university in Princeton, New Jersey, United States. Founded in 1746 in Elizabeth, New Jersey, Elizabeth as the College of New Jersey, Princeton is the List of Colonial ...

, United States. His father was an officer in the

Border Security Force The Border Security Force (BSF) is a central armed police force in India under the Ministry of Home Affairs. It is responsible for guarding India’s borders with Pakistan and Bangladesh. It was formed in the wake of the Indo-Pak War of 196 ...

(BSF).

Career

Malhotra's career in the

Indian government The Government of India (ISO: Bhārata Sarakāra, legally the Union Government or Union of India or the Central Government) is the national authority of the Republic of India, located in South Asia, consisting of 36 states and union territor ...

bureaucracy Bureaucracy ( ) is a system of organization where laws or regulatory authority are implemented by civil servants or non-elected officials (most of the time). Historically, a bureaucracy was a government administration managed by departments ...

began in 2000, when was appointed as Private Secretary to a

Union Minister The Union Council of Ministers is the Cabinet (government), principal executive organ of the Government of India, which serves to aid and advise the President of India in execution of their functions.Article 74 of the ''Constitution of India' ...

. Before his appointment as Private Secretary, he served in various departments in Rajasthan. From 2003 to 2020, Malhotra worked in the

Rajasthan government The Government of Rajasthan is the supreme governing authority of the Indian state of Rajasthan and its 41 districts. It consists of an executive branch, led by the governor of Rajasthan, as well as judiciary and legislative branches. Jaipur ...

'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 Minister of state is a designation for a government minister, with varying meanings in different jurisdictions. In a number of European countries, the title is given as an honorific conferring a higher rank, often bestowed upon senior minister ...

for

Space Space is a three-dimensional continuum containing positions and directions. In classical physics, physical space is often conceived in three linear dimensions. Modern physicists usually consider it, with time, to be part of a boundless ...

and the Minister of State for Micro, Small and Medium Enterprises. In 2020, he was appointed as the

Additional Secretary Additional Secretary (often abbreviated as AS, GoI or Union Additional Secretary or Additional Secretary to Government of India) is a post and a rank under the Central Staffing Scheme of the Government of India. The authority for creation of thi ...

in the Ministry of Power and he also served as the

chairman The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the gro ...

and

managing director A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...

of the

Rural Electrification Corporation REC Limited, formerly Rural Electrification Corporation Limited, is an Indian public sector company that finances and promotes power projects across India. It loans to Central/State Sector Power Utilities, State Electricity Boards, Rural Elec ...

. In February 2022, he was appointed Secretary of Financial Services in the

Ministry of Finance A ministry of finance is a ministry or other government agency in charge of government finance, fiscal policy, and financial regulation. It is headed by a finance minister, an executive or cabinet position . A ministry of finance's portfoli ...

and during his time in the position, he launched the

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...

of the

Life Insurance Corporation The Life Insurance Corporation of India (LIC) is an Indian public sector life insurance company headquartered in Mumbai. It is India's largest insurance company as well as the largest institutional investor with total assets under management wo ...

and was also a member of the board of the

(RBI). Malhotra was appointed Revenue Secretary in December 2022, and he implemented a new income tax regime during his time in the postion. On 11 December 2024, Malhotra was appointed Governor of the RBI.

References

{{DEFAULTSORT:Malhotra, Sanjay Indian Administrative Service officers Living people Governors of the Reserve Bank of India 1968 births