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RBI Appoints Kesavan Ramachandran as New Executive Director: In-Charge of Department of Regulation (Prudential Regulation Division)

The Executive Director brings with him immense expertise in currency management, banking and non-banking supervision, training, and administration

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Kesavan ramachandran

The Reserve Bank of India (RBI) has announced the appointment of Kesavan Ramachandran as Executive Director (ED) with effect from July 1, 2025.

The appointment was announced via an official press release signed by the Chief General Manager Puneet Pancholy. The new designation entrusts Ramachandran with oversight of the Department of Regulation (Prudential Regulation Division), a key function within the regulatory architecture of India's central bank.

Prior to his elevation as Executive Director, Kesavan Ramachandran served as the Principal Chief General Manager in the Risk Monitoring Department of the RBI.

With a distinguished career spanning more than three decades, Ramachandran brings with him a wealth of expertise in currency management, banking and non-banking supervision, training, and administration. His undertaking of varied roles within the central bank have also included a significant tenure as Principal of the Reserve Bank Staff College, where he was instrumental in shaping training and development programmes for RBI staff.

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Ramachandran has also served as RBI’s nominee on the Board of Canara Bank for over five years and two years on the Auditing and Assurance Standards Board of the Institute ofChartered Accountants of India (ICAI) as well.

Academically, Kesavan Ramachandran holds a postgraduate degree and an MBA in Banking and Finance, along with a diploma in International Financial Reporting from the Association of Chartered Certified Accountants (ACCA), UK, while being a Certified Associate of the Indian Institute of Banking and Finance (IIBF).

The Department of Regulation (Prudential Regulation Division) is a critical segment responsible for framing and implementing prudential regulatory policies for banks and financial institutions. Ramachandran’s extensive experience in risk monitoring, regulation, and training is expected to bolster the RBI’s ongoing efforts in maintaining financial stability and regulatory oversight.

The appointment of Kesavan Ramachandran is also a marker of RBI’s modus operandi of leveraging internal talent and seasoned leadership in key policy-making and supervisory roles.

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