RBI elevates two officials to executive directors' post

The Reserve Bank of India (RBI) has elevated two officials to the post of executive director effective from January 3.

Ajay Kumar Choudhary the chief general manager in charge of department of supervision will take over as executive director, fintech, risk monitoring and inspection department. While Deepak Kumar, head of RBI's information technology department will look after foreign exchange, communication and Deposit Insurance and Credit Guarantee Corporation, the wholly owned subsidiary of the RBI.

Dr. Kumar holds a Ph.D. on the subject ‘Impact of Computerisation on Banking Industry during Nineties - an Evaluation’, while Choudhary holds a master’s degree in Physics from Delhi University.