Rajiv Ranjan and Sitikantha Pattanaik have been named executive directors by the Reserve Bank of India (RBI). Rajiv Ranjan was Adviser-in-Charge of the Monetary Policy Department and Secretary to the Monetary Policy Committee before being appointed to executive director. Pattanaik was an adviser at the Department of Economic and Policy Research before being appointed to ED.
Rajiv Ranjan will oversee the Monetary Policy Department as Executive Director, while Pattanaik will oversee the Department of Economic and Policy Research (DEPR).
Rajiv Ranjan has over three decades of experience in macroeconomic policy and research, covering monetary and fiscal policy, real and external sector economics, and international relations. He’s worked in the Monetary Policy Department, the Department of Economic Policy and Research, the Department of External Investments and Operations, and the International Department at the RBI. For three years, he worked as an Economic Policy Expert at the Central Bank of Oman.
Sitikantha Pattanaik has worked in the RBI’s Monetary Policy Department and Department of Economic Policy and Research for the past three decades in the areas of economic research and monetary policy. He spent roughly five years on deputation from the RBI at the Central Bank of Oman.