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RBI appoints Dr. Ajit Ratnakar Joshi as Executive Director

The announcement was made via a press release dated March 5, 2025

RBI appoints Dr. Ajit Ratnakar Joshi as Executive Director
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The Reserve Bank of India (RBI) has appointed Dr. Ajit Ratnakar Joshi as an Executive Director (ED), effective March 3, 2025. Dr. Joshi previously served as Principal Adviser in the Department of Statistics and Information Management (DSIM) before being elevated to his new position. The appointment was announced via a press release dated March 5, 2025 published on the official website held...


The Reserve Bank of India (RBI) has appointed Dr. Ajit Ratnakar Joshi as an Executive Director (ED), effective March 3, 2025. Dr. Joshi previously served as Principal Adviser in the Department of Statistics and Information Management (DSIM) before being elevated to his new position.

The appointment was announced via a press release dated March 5, 2025 published on the official website held by RBI.

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Dr. Joshi holds a Master’s Degree in statistics from Nagpur University and a Ph.D. in monetary economics from the Indian Institute of Technology (IIT) Madras. Additionally, he has a Diploma in Development Policy and Planning from the Institute of Economic Growth, Delhi, and is a Certified Associate of the Indian Institute of Banking and Finance (CAIIB)​.

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Dr. Joshi brings with him over three decades of experience in statistics, information technology, and cyber risk management. Furthermore, he has also served as a faculty member at the Institute for Development and Research in Banking Technology (IDRBT), Hyderabad, contributing to several committees and working groups focusing on macroeconomic statistics and policy issues.

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As an Executive Director, Dr. Joshi will be responsible for overseeing two key departments of the RBI - namely, the Department of Statistics and Information Management (DSIM) and the Financial Stability Department (FSD).

The press release was undersigned by Chief General Manager, Puneet Pancholy.

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This appointment aligns with the ongoing efforts undertaken by the Reserve Bank of India to strengthen its statistical analysis, financial stability, and risk management frameworks, reinforcing its commitment to a data-driven approach in policy making.

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