Kesavan Ramachandran Appointed as RBI’s New Executive Director

The Reserve Bank of India (RBI) has appointed Kesavan Ramachandran as its new Executive Director (ED), effective July 1, 2025. A veteran central banker with over 30 years of experience, Ramachandran’s elevation marks a significant move in strengthening the RBI’s regulatory and supervisory leadership.

Why in News?

The appointment of Kesavan Ramachandran as Executive Director is significant as it comes at a time when the Reserve Bank is sharpening its focus on prudential regulation, financial stability, and risk oversight in the banking and non-banking sectors. His expertise is expected to reinforce the RBI’s regulatory capabilities in a rapidly evolving financial ecosystem.

Key Highlights

• Appointment Date: July 1, 2025
• Position: Executive Director (ED), RBI
• Department Assigned: Department of Regulation – Prudential Regulation Division

Background and Career Experience

• Ramachandran previously served as Principal Chief General Manager in the Risk Monitoring Department.

He has extensive experience in,

• Currency Management
• Banking & NBFC Supervision
• Training & Administration
• Served as Principal of RBI Staff College, shaping central banking training strategies.
• Was RBI’s nominee on the Board of Canara Bank for over 5 years.
• Contributed to the Auditing and Assurance Standards Board of ICAI for 2 years.

Significance of the Appointment

• His leadership will strengthen RBI’s prudential regulation framework, particularly crucial amid global banking uncertainties.
• The appointment adds experienced oversight to risk and regulatory compliance, enhancing systemic stability.
• Reflects RBI’s emphasis on experienced leadership in supervisory departments to address emerging financial challenges.