Vinod Rai was the chairman of the Supreme Court-mandated CoA of the BCCI. He is distinguished visiting research fellow at the Institute of South Asian Studies, in National University of Singapore. He is also on the Global Board of Trustees of the International Financial Reporting Standards Foundation, London.
Starting his career in the Indian Administrative Service (IAS) in 1972, he rose to become the eleventh Comptroller and Auditor General of India (CAG) in 2008. He demitted office in May 2013. In 2016, Rai was appointed the first chairman of the newly created Banks Board Bureau (BBB).
He has authored Not Just an Accountant: The Diary of the Nation's Conscience Keeper and Rethinking Good Governance: Holding to Account India’s Public Institutions, and has co-edited Seven Decades of Independent India: Ideas and Reflections. Rai was awarded the Padma Bhushan in 2016, in recognition of his services to the nation.