The Reserve Bank of India (RBI) has appointed Kesavan Ramachandran as its new Executive Director, with the appointment taking effect from July 1, 2025. Prior to this, he served as the Principal Chief General Manager in the Risk Monitoring Department, where he was instrumental in overseeing systemic stability and ensuring regulatory compliance.
His appointment comes at a crucial time when the RBI is focused on enhancing institutional resilience in the face of an evolving global financial landscape. As the central bank navigates economic uncertainties, heightened regulatory expectations, and technological advancements in the financial sector, Kesavan’s leadership and experience are expected to contribute significantly to its strategic direction.
Having held key positions that involved formulating policy, driving compliance, and mentoring future leaders in the banking sector, Kesavan is seen as a steady and knowledgeable hand at the helm. His new role as Executive Director will likely involve deeper involvement in shaping policy decisions and supporting the RBI’s mission of maintaining monetary stability and fostering financial sector integrity.
With a career spanning more than three decades at the central bank, Kesavan brings extensive experience in multiple domains including currency management, supervisory functions, administrative operations, and training. His previous roles have included serving as Principal of the Reserve Bank Staff College and representing the RBI as its nominee director on the Board of Canara Bank.
Kesavan is widely acknowledged for his strong regulatory acumen and strategic insight. “He was a member of the Institute of Chartered Accountants of India’s Auditing and Assurance Standards Board and is widely respected for his deep domain knowledge and regulatory foresight.”
Academically, he holds an MBA in Banking and Finance, along with a Diploma in International Financial Reporting Standards (IFRS) from ACCA UK. He is also a Certified Associate of the Indian Institute of Banking and Finance, further strengthening his credentials in both regulatory and financial disciplines.
The RBI’s decision to elevate Kesavan reflects its continued emphasis on seasoned leadership and institutional depth during a time of transformation in both domestic and international banking systems.
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