Reserve Bank appoints 3 Executive Directors (ED) to its board

New Delhi: The Reserve Bank of India (RBI) has announced the appointment of three Executive Directors on its board. 

R Subramanian has been appointed as Executive Director of RBI with effect from December 11, 2020. Prior to being promoted as ED, Subramanian was serving as Chief General Manager-in-Charge, Enforcement Department. As Executive Director, he will look after the Foreign Exchange Department, Financial Markets Regulation Department, Internal Debt Management and International Department.

Subramanian holds a postgraduate diploma in Risk Management, besides professional qualifications like the Associate of Institute of Cost and Works Accountants of India (AICWA), Certified Associate of Indian Institute of Banking and Finance (CAIIB) and CTRM (Level II). He has, over a span of three decades, served in supervisory, enforcement, financial markets, external investment and operations, internal debt management and other areas in the Reserve Bank.

Rohit Jain has been appointed as Executive Director of RBI with effect from December 11, 2020. Prior to being promoted as ED, he was serving as Chief General Manager-in-Charge, Department of Supervision. As ED, Jain will look after the Department of Supervision (Risk, Analytics and Vulnerability Assessment).

Jain holds a Master's degree in Commerce and a Master's in Business Administration besides professional qualifications like International Certificate in Banking Risk and Regulation (ICBRR), Certified Associate of Indian Institute of Banking and Finance (CAIIB) and Certified Bank Trainer. He has over a span of about three decades, served in supervisory, human resource management, banking and other areas in the Reserve Bank.

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RS Ratho has been appointed as Executive Director of RBI with effect from December 11, 2020. Prior to being promoted as ED, he was serving as Chief General Manager, Financial Markets Operations Department of RBI. As Executive Director, Ratho will look after the Financial Markets Operations Department, Department of External Investments and Operations, Legal Department and Secretary's Department.

Ratho holds a Master's degree in Economics, Master of Business Administration (MBA) degree and MS in Banking and Finance, besides professional qualifications like Certified Associate of Indian Institute of Banking and Finance (CAIIB). His career spans over three decades, and he has served in financial markets, external investment and operations, banking and other areas in the Reserve Bank. He has also served as Member of Faculty, Reserve Bank Staff College, Chennai.

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