The Reserve Bank of India (RBI) has elevated Kesavan Ramachandran to the position of executive director with effect from 1 July.

Ramachandran is currently principal chief general manager in the risk monitoring department at the RBI.

Having spent over three decades in the banking industry, Ramachandran specialises in currency management, non-banking supervision, training and administration. 

He has also served as principal of the Reserve Bank Staff College and as the central bank nominee on the board of Canara Bank for over five years. 

Ramachandran was also on the auditing and assurance standards board of ICAI for a period of two years.