RBI Appoints Chowdhury and Kar as New Executive Directors

The Reserve Bank of India has announced the appointment of Arnab Kumar Chowdhury and Charulatha S Kar as executive directors. Chowdhury will oversee DICGC, the foreign exchange department, and the international department, while Kar will manage the Department of Communication, Human Resource Management, and Right to Information.

The Reserve Bank of India (RBI) on Monday revealed the appointment of two new executive directors, Arnab Kumar Chowdhury and Charulatha S Kar. The appointments become effective 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), the foreign exchange department, and the international department. He holds a master’s degree in economics and is a chartered accountant with extensive experience in corporate strategy and financial supervision.

Kar, formerly Chief General Manager-in-Charge in the Human Resource Management Department, will now oversee the Department of Communication, Human Resource Management, and Right to Information. With a post-graduate degree in commerce, she has significant experience in payment and settlement systems, government banking, and IT.