RBI appoints Dr. Deepak Kumar & Ajay Kumar Choudhary as new EDs

New Delhi: The Reserve Bank of India (RBI) has appointed Dr. Deepak Kumar and Shri Shri Ajay Kumar Choudhary as Executive Director (ED) with effect from January 03, 2022.  

Prior to being promoted as ED, Dr. Deepak Kumar was heading the Department of Information Technology of the Reserve Bank of India and Shri Ajay Kumar Choudhary was Chief General Manager-in-Charge, Department of Supervision.

Dr. Kumar has, over a span of three decades, worked in RBI’s Central Office Departments covering policy making and project management functions in the areas of information technology, cyber security, payment systems, currency management, human resource management, banking supervision, foreign exchange management.

As Executive Director, Dr. Kumar will look after Foreign Exchange Department, Department of Communication and Deposit Insurance and Credit Guarantee Corporation, which is a wholly-owned subsidiary of the RBI. Dr. Kumar holds a Ph.D. on the subject ‘Impact of Computerisation on Banking Industry during the Nineties - an Evaluation’. He is a Post Graduate Diploma in International Marketing from Delhi School of Economics, besides having earned professional qualifications including Certified Associate of Indian Institute of Banking and Finance (CAIIB). 

Shri Choudhary has, over a span of three decades, served in supervision, regulation, currency management, payments and settlements, and other areas in the Reserve Bank, in its Central Office as well as Regional Offices.  

As Executive Director, Shri Choudhary will look after Fintech Department, Risk Monitoring Department, and Inspection Department. Shri Choudhary holds a Master’s degree in Physics from Delhi University, besides having earned professional qualifications including Certified Associate of Indian Institute of Banking and Finance (CAIIB).