Shaktikanta Das will demit the office on Tuesday after completing six years as the 25th Governor of the Reserve Bank of India (RBI).

He will be succeeded by Sanjay Malhotra, a 1990-batch Indian Administrative Service (IAS) Officer, who is currently serving as the revenue secretary at the Ministry of Finance, news agency ANI reported.

Malhotra's appointment is effective from Wednesday, December 11, 2024, and will continue for three years, as per an official notification from the Department of Personnel and Training, issued on Monday.

Here's all you need to know about Sanjay Malhotra: