RBI promotes three as ED, also re-shuffles responsibilities
Moneylife Digital Team 08 October 2014

RBI has promoted three seniors as EDs and reshuffled existing ones to take over newly assigned responsibilities. Dr Deepali Pant Joshi has also been re-assigned to head the Department of Currency Management among other duties

 

The Reserve Bank of India (RBI) has promoted three of its senior officers as new executive directors (ED). It has also reshuffled some EDs' responsibilities. The three newly promoted EDs are Dr MD Patra, KK Vohra and G Mahalingam. “One promotion is in lieu of an existing vacancy and the other two are against additional vacancies,” RBI said in a release.

 

Dr Deepali Pant Joshi, who was previously heading the Consumer Education and Protection Department and spoke on the issue of consumer issues at the recently concluded MR Pai Awards, has now been shifted to handle the Department of Currency Management, Legal department, Premises Department and as the First Appellate Authority for Right to Information (RTI) Act matters.

 

The duties assigned to EDs according to the latest re-shuffle are as follows:

 

DK Mohanty

1. Financial Stability Unit

2. Inspection Department

3. Risk Monitoring Department

 

P Vijaya Bhaskar

1. Internal Debt Management Department

2. Department of External Investments and Operations

3. Department of Government and Bank Accounts

 

G Padmanabhan

1. Department of Information Technology

2. Department of Payment and Settlement Systems

3. Foreign Exchange Department

4. Financial Markets Regulation Department (including Market Intelligence)

 

Jasbir Singh

1. Deposit Insurance and Credit Guarantee Corporation

 

Dr (Smt) Deepali Pant Joshi

1. Department of Currency Management

2. Legal Department

3. Premises Department

4. Right to Information Act (First Appellate Authority)

 

NS Vishwanathan

1. Department of Banking Regulation

2. Department of Co-operative Banking Regulation

3. Department of Non-Banking Regulation

 

US Paliwal

1. Consumer Education and Protection Department

2. Financial Inclusion and Development Department

3. Secretary’s Department

 

Chandan Sinha

1. Department of Banking Supervision

2. Department of Co-operative Banking Supervision

3. Department of Non-Banking Supervision

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