Consultancy firm KPMG on Tuesday (15 November) appointed former Reserve Bank deputy governor H R Khan as its senior adviser in the country.
Khan retired as RBI deputy governor in July this year after serving for nearly four decades.
"As India experiences a rapidly-evolving financial services landscape, his appointment underscores KPMG in the country's strategic initiatives and effectively steers the firm toward leadership position in this domain," KPMG India CEO Richard Rekhy said in a statement.
During his tenure at RBI, Khan spearheaded projects relating to macroeconomic policies, regulation and development of financial markets, debt management of the central and state governments, financial inclusion, microfinance and rural credit, payment and settlement systems and the Foreign Exchange Management Act (FEMA).
He was part of many committees such as the committees on management of foreign exchange flows, expansion of banking outreach, fiscal responsibility of state governments and development of corporate debt market.
Speaking about his new role, HR Khan said, “I am honoured that KPMG in India has entrusted me with this responsibility, especially when the industry is witnessing such dynamic growth. My focus will be to lend to the strong foundation that has been established, and collaborate with the some of the most talented minds in the consultancy world to advance the journey of Financial Services at the firm and in its offerings”.
With Khan’s dynamic experience of leading numerous innovative projects, the firm will further continue to develop and strengthen in the financial services space.
