RBI appoints Arnab Kumar Chowdhury as new Executive Director

Reserve Bank of India

The Reserve Bank of India (RBI) on July 1 said it has appointed Arnab Kumar Chowdhury as new Executive Director with effect from June 3, 2024.

After appointment, Chowdhury will look after Deposit Insurance and Credit Guarantee Corporation, Foreign Exchange Department, and International Department, the RBI said in a press release.

Prior to being promoted as ED, Chowdhury was serving as Chief General Manager-in-Charge in the Department of Supervision of the RBI, the release said.

Chowdhury has over three decades of experience and worked extensively in the area of supervision of financial entities, RBI said.

Further, they added that he has worked in the area of corporate strategy, budgeting, accounting and Issue Department. “He has also served as member of several committees and working groups and has been contributing to policy formulation,” RBI said.

Chowdhury is a Chartered Accountant and holds a master’s Degree in Economics. He is also a Certified Associate of IIBF, the release added.