Vasudevan appointed RBI ED

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Reserve Bank of India (RBI) has appointed P Vasudevan as Executive Director (ED) with effect from 3rd July 2023.

Prior to his promotion to the position of CEO, he was the General Manager in charge of managing the payment and settlement systems.

As CEO, Vasudevan will take care of the currency management department, managing corporate strategy and budget (areas other than those related to budget and funds) and enforcement management. With his designation, RBI now has 16 EDs.

As CEO, Vasudevan will take care of the currency management department, managing corporate strategy and budget (areas other than those related to budget and funds) and enforcement management.

Vasudevan, over nearly three decades at the Reserve Bank, worked in the supervision of banks, non-bank financial companies, payment and settlement systems, and other areas of the Reserve Bank, including a stint as a faculty member at the Bankers Training College. He has worked in the Central Office as well as the Reserve Bank’s regional offices in Bengaluru, Mumbai and New Delhi.