RBI names Ravi Shankar as Executive Director with effect from July 1

The Reserve Bank of India (RBI) on Wednesday appointed Ravi Shankar as its new Executive Director (ED), with effect from July 1.

Prior to his elevation, Shankar served as Adviser-In-Charge of the Department of Statistics and Information Management (DSIM). In his new role, he will continue to head the department, the RBI said in a statement.

A career central banker with over three decades of experience, Shankar has worked across several key areas of the RBI, including corporate and banking statistics, the government securities market, settlement systems, debt management and survey-related functions.

The central bank said he has also been a member of several committees and working groups dealing with macroeconomic statistics and policy-related issues.

Shankar holds a Master’s degree in Statistics from Banaras Hindu University. 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).

-IANS