RBI appoints Dr Ajit Ratnakar Joshi as new Executive Director

The Reserve Bank of India (RBI) has appointed Dr. Ajit Ratnakar Joshi as its new Executive Director (ED), effective March 3, 2025. With this promotion, Dr. Joshi will oversee two key departments – Department of Statistics and Information Management (DSIM) and the Financial Stability Department.

A seasoned expert in Banking and Technology

With over 30 years of experience, Dr. Joshi has worked extensively in statistics, information technology, and cyber risk management. Before this promotion, he was the Principal Adviser in DSIM, playing a key role in data analysis and policy planning.

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He has also been a faculty member at the Institute of Development and Research in Banking Technology, Hyderabad, and has contributed to various committees on macroeconomic statistics and policy.

Dr. Joshi holds a master’s degree in statistics from Nagpur University and a Ph.D. in monetary economics from IIT Madras. He also has a diploma in Development Policy and Planning from the Institute of Economic Growth, Delhi, and is a certified associate of the Indian Institute of Banking and Finance (CAIIB).

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