The Reserve Bank of India (RBI) has appointed Kesavan Ramachandran as Executive Director (ED), effective from July 1, 2025. The announcement was made through an official statement by the RBI.
Before this promotion, Ramachandran held the position of Principal Chief General Manager in the RBI’s Risk Monitoring Department. He brings with him more than 30 years of extensive experience in key areas such as currency management, banking and non-banking supervision, training, and administration.
In his new role as Executive Director, Ramachandran will be responsible for overseeing the Department of Regulation, specifically focusing on the Prudential Regulation Division. This department plays a crucial role in formulating and implementing regulations that ensure financial stability and the soundness of the banking system.
Ramachandran has served in several important roles throughout his career. He was the Principal of the Reserve Bank Staff College. He also represented the RBI on the Board of Directors of Canara Bank for over five years. In addition, he served on the Auditing and Assurance Standards Board of the Institute of Chartered Accountants of India (ICAI) for two years, contributing to policy discussions and regulatory standards.
Academically, Ramachandran is well-qualified. He holds a post-graduate degree and an MBA with a specialization in Banking and Finance. He also has a diploma in International Financial Reporting from the Association of Chartered Certified Accountants (ACCA), UK. Furthermore, he is a Certified Associate of the Indian Institute of Banking and Finance (IIBF).
His appointment comes at a significant time when the central bank is focusing on strengthening its regulatory framework in response to the evolving financial landscape. With his deep expertise and leadership experience, Ramachandran is expected to contribute significantly to RBI’s ongoing efforts in enhancing prudential regulations and financial sector oversight.
