RBI appoints Shri Muneesh Kapur as new Executive Director


Quick Summary
The Reserve Bank of India (RBI) has promoted Shri Muneesh Kapur to the position of Executive Director, effective from October 3, 2023. Previously, he served as Adviser-in-Charge of the Monetary Policy Department and Secretary to the Monetary Policy Committee. With almost 30 years at the RBI, his expertise lies in macroeconomic policy, research, and monetary policy.

The Reserve Bank of India (RBI) has appointed Shri Muneesh Kapur as Executive Director (ED) with effect from October 3, 2023.

Prior to being promoted as ED, Shri Kapur was Adviser-in-Charge, Monetary Policy Department and Secretary to the Monetary Policy Committee.

Muneesh Kapur Appointed RBI Executive Director

Over a span of nearly three decades in the Reserve Bank, Shri Kapur has worked in the areas of macroeconomic policy and research and monetary policy in Department of Economic and Policy Research and Monetary Policy Department in RBI. He also served as Adviser to Executive Director, International Monetary Fund during 2012-15.

As Executive Director, Shri Kapur will look after the Department of Economic and Policy Research.

Shri Muneesh Kapur holds a Master’s degree in Economics and is a Certified Associate of the Indian Institute of Bankers (CAIIB).

(Yogesh Dayal)     
Chief General Manager

FAQ :

Shri Muneesh Kapur has been appointed as the new Executive Director of the Reserve Bank of India.

His appointment took effect from October 3, 2023.

Before his promotion, Shri Kapur was Adviser-in-Charge of the Monetary Policy Department and Secretary to the Monetary Policy Committee.

Shri Kapur has worked in macroeconomic policy and research, and monetary policy within the Department of Economic and Policy Research and the Monetary Policy Department.

As Executive Director, Shri Kapur will be responsible for the Department of Economic and Policy Research.

Shri Muneesh Kapur holds a Master’s degree in Economics and is a Certified Associate of the Indian Institute of Bankers (CAIIB).




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