RBI appoints Chowdhury, Kar as new executive directors

The Reserve Bank of India (RBI) on Monday announced the appointment of two new executive directors, Arnab Kumar Chowdhury and Charulatha S Kar. The appointments come into effect on different dates: June 3, 2024 for Chowdhury and July 1 for Kar.

Chowdhury, previously Chief General Manager-in-Charge in the Department of Supervision, will oversee the Deposit Insurance and Credit Guarantee Corporation (DICGC), foreign exchange division and international division. He holds a master’s degree in economics and is a certified accountant with extensive experience in corporate strategy and financial supervision.

Kar, previously director general in charge of human resources management, will now oversee the communications, human resources management and right to information departments. She holds a postgraduate degree in commerce and has extensive experience in payment and settlement systems, government banking and IT.

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