On Wednesday, RBI announced the promotion of Ajit Ratnakar Joshi to Executive Director, with effect from 3rd of March.
As the new Executive Director, he will oversee the Department of Statistics and Information Management and Financial Stability Department.
The reserve bank’s new ED brings with him experience of over three decades in the areas of statistics, information technology, and cyber risk management.
Prior to this, He has served as member of faculty at the Institute of Development and Research in Banking Technology, Hyderabad.
He has also served as member of several committees and working groups relating to compilation of macroeconomic statistics and policy issues.
Joshi holds a master’s degree in statistics from Nagpur University, a Ph.D. in monetary economics from IIT Madras, 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).