The Reserve Bank of India (RBI) on January 4 said it has appointed Deepak Kumar & Ajay Kumar Choudhary as Executive Director.

Prior to being promoted as executive director, Kumar was heading the Department of Information Technology of the Reserve Bank of India (RBI).

Kumar’s career spans across three decades working in RBI’s Central Office Departments covering policy making and project management functions in the areas of information technology, cyber security, payment systems, currency management, human resource management, banking supervision, foreign exchange management.

As ED, Kumar will be looking into foreign exchange department, Department of Communication and Deposit Insurance and Credit Guarantee Corporation, which is wholly owned subsidiary of of RBI.

Choudhary prior to being promoted as ED was Chief General Manager-in-Charge, Department of Supervision.

Choudhary’s career spans across three decades serving in supervision, regulation, currency, management, payments and settlements, and other areas in the central bank.

As ED, Choudhary will look after fintech department, risk monitoring department and inspection department.

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