RBI appoints Shri Ajay Kumar as new Executive Director

Last updated: 28 August 2021

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The Reserve Bank of India (RBI) has announced the appointment of Shri Ajay Kumar as its new Executive Director, effective August 20, 2021. Previously, Shri Kumar led the RBI's New Delhi Regional Office as Regional Director. In his new role, he will oversee the Department of Currency Management, Foreign Exchange Department, and Premises Department.

Reserve Bank of India
Date : Aug 26, 2021

The Reserve Bank of India has appointed Shri Ajay Kumar as Executive Director (ED) with effect from August 20, 2021.

Prior to being promoted as ED, Shri Ajay Kumar was heading the New Delhi Regional Office of the Bank as Regional Director.

Shri Kumar has, over a span of three decades, served in foreign exchange, banking supervision, financial inclusion, currency management and other areas in the Reserve Bank.

As Executive Director, Shri Kumar will look after Department of Currency Management, Foreign Exchange Department and Premises Department.

Shri Kumar is Masters in Economics from Patna University, MS in Banking from ICFAI and Certified Bank Manager from Institute of Bank Management and Research, Hyderabad. He has undertaken Executive Management Programme from Kellogg School of Management, Chicago and holds other professional qualifications including Certified Associate of Indian Institute of Banking and Finance (CAIIB).

(Yogesh Dayal)
Chief General Manager

Press Release: 2021-2022/746

FAQ :

Shri Ajay Kumar has been appointed as the new Executive Director of the Reserve Bank of India.

His appointment took effect from August 20, 2021.

Before his promotion, Shri Ajay Kumar headed the New Delhi Regional Office of the RBI as Regional Director.

As Executive Director, Shri Kumar will be responsible for the Department of Currency Management, Foreign Exchange Department, and Premises Department.

Shri Kumar holds a Masters in Economics from Patna University, an MS in Banking from ICFAI, and is a Certified Bank Manager from the Institute of Bank Management and Research, Hyderabad. He also completed an Executive Management Programme from Kellogg School of Management, Chicago, and holds other professional qualifications.

Notification No : PR : 2021-2022/746
Source : https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=52111

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