NewKerala.com

Key Points

The RBI has appointed Kesavan Ramachandran as its new Executive Director effective July 1. He will oversee the prudential regulation division, bringing three decades of banking expertise. Ramachandran previously held key roles in risk monitoring and staff training. His appointment follows Indranil Bhattacharyya's promotion as ED earlier this year.

Key Points: RBI Names Kesavan Ramachandran as New Executive Director

  • Ramachandran promoted from Principal Chief General Manager in Risk Monitoring
  • Oversees prudential regulation at RBI
  • 30+ years in banking supervision & training
  • Previously served on Canara Bank and ICAI boards
2 min read

RBI appoints Kesavan Ramachandran as new Executive Director

RBI promotes Kesavan Ramachandran to Executive Director, overseeing prudential regulation with 30+ years of banking expertise.

"As Executive Director, Kesavan Ramachandran will look after Department of Regulation (Prudential Regulation Division) - RBI"

New Delhi, July 2

The Reserve Bank of India (RBI) has appointed Kesavan Ramachandran as Executive Director of RBI with effect from July 1.

"As Executive Director, Kesavan Ramachandran will look after Department of Regulation (Prudential Regulation Division)," said the central bank in the statement.

Prior to being promoted as Executive Director, Kesavan Ramachandran was serving as Principal Chief General Manager in Risk Monitoring Department. Ramachandran has experience of over three decades in areas relating to currency management, Banking and Non-Banking supervision, training and administration.

He also served as Principal of the Reserve Bank Staff College during his career. He served as, RBI's nominee on the Board of Canara Bank for over five years and on the Auditing and Assurance Standards Board of ICAI for two years.

Ramachandran holds a postgraduate degree and an MBA in Banking and Finance. He also holds a diploma in International Financial Reporting from ACCA, UK, and is a Certified Associate of the Indian Institute of Banking and Finance (IIBF).

Previously, in March, the RBI appointed Indranil Bhattacharyya as executive director (ED). As executive director, Bhattacharyya will look after the Department of Economic and Policy Research, the RBI said in a statement. The appointment is effective from March 19. Prior to his promotion as ED, Bhattacharyya was serving as Adviser in the Monetary Policy Department of the RBI.

- ANI

Share this article:

Reader Comments

P
Priya N
His qualifications are impressive - MBA in Banking, ACCA diploma, and IIBF certification. Hope he brings fresh ideas to regulate our banking system better. The NPA situation needs attention!
S
Sanjay K
While his credentials are good, I hope RBI focuses more on transparency in appointments. We need to know the selection process criteria. Still, best wishes to the new ED.
A
Ananya R
His experience with Canara Bank board and ICAI will be valuable. Maybe we'll finally see some stricter regulations for cooperative banks after all those scams. Fingers crossed! 🤞
V
Vikram M
Another bureaucrat appointment. When will RBI consider professionals from private sector for such key roles? The system needs outside perspectives too.
N
Neha E
His background in training (RBI Staff College) is promising. Hope he focuses on improving customer service standards across banks. Fed up with rude bank staff these days!

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

Leave a Comment

Minimum 50 characters 0/50