RBI appoints Kesavan Ramachandran as Executive Director

Ramachandran was previously serving as Principal Chief General Manager in the RBI’s Risk Monitoring Department, and brings with him over three decades of experience in the banking sector.

His areas of expertise span currency management, supervision of banks and non-banking financial companies (NBFCs), training, and administration.

In his new role, he will oversee the Department of Regulation (Prudential Regulation Division), a key vertical responsible for formulating and enforcing standards for financial stability within the banking system.

During his distinguished career, Ramachandran served as the Principal of the Reserve Bank Staff College and was the RBI’s nominee on the board of Canara Bank for over five years.

He also held a position on the Auditing and Assurance Standards Board of the Institute of Chartered Accountants of India (ICAI) for two years.

Ramachandran holds a Master’s degree in Business Administration (Banking and Finance) and a Diploma in International Financial Reporting from the Association of Chartered Certified Accountants (ACCA), UK.

He is also a Certified Associate of the Indian Institute of Banking & Finance (IIBF).

His elevation comes at a time when regulatory vigilance and robust oversight are seen as critical to strengthening India’s financial system amid evolving global and domestic challenges.