The Reserve Bank of India (RBI) has made two important appointments in its leadership. Smt. Charulatha S Kar has been appointed as Executive Director (ED) with effect from July 01, 2024. Prior to this role, she served as the Chief General Manager-in-Charge in the Human Resource Management Department.
Smt. Kar brings with her over three decades of experience in various areas of the Reserve Bank, including Payment and Settlement Systems, Information Technology, Government Banking, Internal accounts, and Human Resource Management. She has represented the RBI in several Working Groups of the Bank for International Settlements (BIS) and has been a member of various internal and external Committees. As Executive Director, Smt. Kar will be responsible for the Department of Communication, Human Resource Management Department, and Right to Information (First Appellate Authority).
On the other hand, Shri Arnab Kumar Chowdhury has also been appointed as Executive Director, effective from June 3, 2024. Previously, he held the position of Chief General Manager-in-Charge in the Department of Supervision. Shri Chowdhury has accumulated over three decades of experience in the RBI, primarily focusing on the supervision of financial entities. He has also worked in areas such as corporate strategy, budgeting, accounting, and the Issue Department. Additionally, he has contributed to policy formulation as a member of several committees and working groups. As Executive Director, Shri Chowdhury will oversee the Deposit Insurance and Credit Guarantee Corporation, the Foreign Exchange Department, and the International Department.
Both Smt. Charulatha S Kar and Shri Arnab Kumar Chowdhury bring a wealth of knowledge and expertise to their new roles as Executive Directors in the RBI. Their extensive experience and diverse backgrounds will contribute significantly to the functioning and decision-making processes of the Reserve Bank of India.
