After the announcement of the FM that he is on the lookout for a successor to Dr. Subba Rao several views have been expressed on the issue of a successor. An omission however has been as to why the successor should not be picked up from RBI itself. In the judiciary,in the defence forces, why even in the Govt. the man for the top position is chosen from within.Why should an exception be made in the case of RBI? The RBI has a talent pool from which the top man can be picked up Two DGs have been all along with RBI and therefore complete central bankers. One DG has not only RBI experience but valuable experience as a commercial banker and is a Ph.D. and other DG also a Ph.D although a new entrant to RBI has rich experience of work in financial institutions abroad.Should we not establish a convention that some one who is part and parcel of RBI should only aspire for the top job?
- K.N.S.Unni
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