Duvvuri Subbarao was born on 11 August 1949 is an Indian economist, central banker, and civil servant. He is the 22nd and current Governor of Reserve Bank of India, serving under Prime Minister Manmohan Singh. Subbarao is a 1972 batch Indian Administrative Service (IAS) officer of Andhra Pradesh cadre. On 5 September 2008, he was appointed the twenty-second Governor of Reserve Bank of India (RBI); his term was to end in September 2011. But breaking from tradition, the Prime Minister's Office extended his term by two years and put out a statement announcing that Subbarao, a former finance secretary would now retire on September 4, 2013. |