RBI appoints Ajit Ratnakar Joshi as Executive Director

The Reserve Bank of India (RBI) appointed Dr. Ajit Ratnakar Joshi as the Executive Director (ED) with effect from Monday, March 3, 2025, the central bank said on Wednesday, March 5.

As Executive Director, Joshi will look after the Department of Statistics and Information Management and Financial Stability Department, the press release said.

Before being promoted to the position of ED, he served as the Principal Adviser in the Department of Statistics and Information Management, the central bank highlighted.

Joshi has over thirty years of experience in statistics, IT, and cyber risk management. In addition to serving as a faculty member at the Institute of Development and Research in Banking Technology, Hyderabad, he has also worked as a member of several committees and working groups focused on the compilation of macroeconomic statistics and policy issues.

Joshi completed his master’s in statistics from Nagpur University and received his Ph.D. in monetary economics from the Indian Institute of Technology (IIT) Madras. He further has a diploma in Development Policy and Planning from the Institute of Economic Growth, Delhi and is a certified associate of the Indian Institute of Banking and Finance (CAIIB).