RBI appoints Dr Ajit Ratnakar Joshi as new Executive

The Reserve Bank of India (RBI) announced on March 5, 2025, that Dr. Ajit Ratnakar Joshi has been appointed as its new Executive Director (ED), starting March 3, 2025. Here’s a simple summary of the announcement:

Dr. Joshi’s Role:
As ED, Dr. Joshi will oversee:
– The Department of Statistics and Information Management
– The Financial Stability Department

Previous Role: Before becoming ED, Dr. Joshi was the Principal Adviser in the Department of Statistics and Information Management playing a key role in data analysis and policy planning.

Experience:
– He has more than 30 years of experience in areas like statistics, information technology, and cyber risk management.
– Dr. Joshi has also been a faculty member at the Institute of Development and Research in Banking Technology in Hyderabad.
– He has contributed to various committees related to macroeconomic statistics.

Educational Qualifications:
– Master’s degree in Statistics from Nagpur University.
– Ph.D. in Monetary Economics from the Indian Institute of Technology Madras.
– Diploma in Development Policy and Planning from the Institute of Economic Growth, Delhi.
– Certified Associate of the Indian Institute of Banking and Finance (CAIIB).