The Reserve Bank of India (RBI) has announced the appointment of Shri Arnab Kumar Chowdhury as Executive Director (ED), effective June 3, 2024.
Chowdhury, previously serving as Chief General Manager-in-Charge in the Department of Supervision, brings over 30 years of experience within the RBI. His expertise spans supervision of financial entities, corporate strategy, budgeting, accounting, and policy formulation.
In his new role, Chowdhury will oversee:
1. Deposit Insurance and Credit Guarantee Corporation
2. Foreign Exchange Department
3. International Department
A Chartered Accountant with a master's degree in Economics, Chowdhury is also a Certified Associate of the Indian Institute of Banking and Finance (IIBF).
This appointment marks another step in the RBI's ongoing efforts to strengthen its leadership team.
What are your thoughts on how this might impact India's financial sector?