RBI appoints P. Vasudevan as new executive director

livemint.com:

The Reserve Bank of India (RBI) Thursday appointed P. Vasudevan as executive director.

His appointment is effective from July 03, 2023. The Reserve Bank in a statement said Vasudevan will look after Department of Currency Management, Corporate Strategy and Budget Department (Areas other than that of Budget & Funds) and Enforcement Department.

Prior to being promoted as executive director, Vasudevan was the Chief General Manager-in-charge of the Department of Payment and Settlement Systems. The apex bank said Vasudevan has, over a span of nearly 30 years in the Reserve Bank, served in supervision of banks and non-banking financial companies, payment and settlement systems and other areas in the Reserve Bank, including a stint as Member of Faculty in Bankers’ Training College.

“He has worked in the Central Office as well as Bengaluru, Mumbai and New Delhi Regional Offices of the Reserve Bank", the release added. Vasudevan holds a Bachelor’s Degree in Commerce and is a Fellow of the Institute of Cost Accountants of India.

He has a Master’s Degree in Finance and Certifications in Information Systems Audit (CISA), Information Security Management (CISM) and Fintech (National University of Singapore). He is a Certified Associate of the Indian Institute of Bankers (CAIIB) and an alumnus of the Wharton School.