New Delhi, July 1: The Reserve Bank of India (RBI) has appointed Ravi Shankar as its new Executive Director (ED), with the appointment taking effect from July 1, 2026, the central bank announced on Wednesday.
Prior to his elevation, Ravi Shankar served as Adviser-In-Charge of the RBI’s Department of Statistics and Information Management. In his new role as Executive Director, he will continue to oversee the same department, reflecting the central bank’s confidence in his extensive expertise and leadership.
A seasoned central banker and statistician, Ravi Shankar brings more than three decades of experience at the Reserve Bank of India. Throughout his distinguished career, he has worked across several critical areas, including corporate and banking statistics, the government securities market, settlement systems, debt management, and survey-related functions.
The RBI noted that Ravi Shankar has also been an active member of several committees and working groups dealing with macroeconomic statistics and policy issues, contributing significantly to the country’s economic policymaking framework.
Academically, Ravi Shankar holds a Master’s degree in Statistics from Banaras Hindu University. He also earned 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).
The appointment comes as the RBI continues to strengthen its leadership across key functional areas. As Executive Director, Ravi Shankar is expected to play a pivotal role in enhancing the central bank’s statistics, data management, and information systems, which are vital for informed monetary policy and financial sector decision-making.
