RBI promotes R Subramanian, Rohit Jain & RS Ratho as Executive Directors

The Reserve Bank Of India (RBI) has promoted three of its Chief General Managers (CGMs), R Subramanian, Rohit Jain, RS Ratho as its Executive Directors from immediate effect dating from December 11, 2020.”

“Holding over three decades of experience in which he served as supervisory, enforcement, financial markets, external investment and operations, internal debt management, and other areas in the Reserve Bank. Subramanian will look after  Subramanian will look after the Foreign Exchange Department, Financial Market Department, Financial Market Regulation Department, Internal Department Management, and International Department in his new role,” Reserve Bank in its issued statement said.

He holds a Post Graduate Diploma in Risk Management and has earned professional qualifications including Associate of Institute of Cost and Works Accountants of India (AICWA), Certified Associate of Indian Institute of Banking and Finance (CAIIB), and CTRM (Level II).

“Jain in his new role will look after the Department of Supervision (Risk, Analytics and Vulnerability Assessment) in his new role as ED,” the statement said.

Jain has served in supervisory, Human Resource Management, banking, and other areas in the Reserve Bank.

“As Executive Director Ratho will look after the Financial Markets Operations Department, Department of External Investments and Operations, Legal Department, and Secretary’s Department,” it added.

Ratho has served in financial markets, external investment and operations, banking, and other areas in the Reserve Bank. He has also served as a Member of the Faculty, Reserve Bank Staff College, Chennai, and holds a Masters of Economics, Masters of Business Administration (MBA), and M.S. in Banking and Finance.