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RBI appoints two new executive directors. Details here

By Livemint
The new position has come into effect on May 1, 2022. (MINT_PRINT)

Dr. Rajiv Ranjan!

Dr. Ranjan in his new position as Executive Director - will look after the Monetary Policy Department (MPD). He will also serve as an ex-officio member of the Monetary Policy Committee.

Before being promoted as ED, Dr. Ranjan was serving as Adviser-in-Charge of the Monetary Policy Department and Secretary to the Monetary Policy Committee.

With more than three decades of experience in macroeconomic policy and research including monetary policy, fiscal policy, real sector, external sector, and international relations, Dr. Rajan has worked in various departments of RBI including the Monetary Policy Department, Department of Economic Policy, and Research, Department of External Investments and Operations and International Department.

He also served as an Economic Policy Expert at the Central Bank of Oman for three years.

He has a Ph.D. in Economics from Mumbai University and holds a Master's degree in Economics from Delhi School of Economics.

Dr Sitikantha Pattanaik!

As Executive Director, Dr. Pattanaik will look after the Department of Economic and Policy Research (DEPR).

Before being promoted to ED, Dr. Pattanaik was an Adviser in the Department of Economic and Policy Research (DEPR).

Over three decades, Dr. Pattanaik has worked in the areas of economic research and monetary policy in RBI’s Monetary Policy Department and Department of Economic Policy and Research. He was with the Central Bank of Oman on deputation from RBI for about five years.

He has a Ph.D. in Economics from the University of Mumbai; an M. Phil in Economics from Jawaharlal Nehru University; a master’s degree in International Finance from the University of Amsterdam; and an MA in Economics from Utkal University, besides having earned professional qualifications including Certified Associate of Indian Institute of Banking and Finance (CAIIB).

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Dive Deeper:
Swati Dhingra to join Bank of England’s monetary policy committee
LSE academic and prominent Brexit critic is first Asian woman to be appointed to role, replacing Michael Saunders
Cryptocurrencies can lead to dollarisation of economy, RBI warns. Read here
A member of the panel quoted RBI officials as saying: 'It will seriously undermine the RBI's capacity to determine monetary…
Dallas Fed appoints first female president to succeed Rob Kaplan
Federal Reserve Bank of New York executive Lorie Logan will become the 13th president of the Dallas Fed and its…
China Faces Grim Economic Prospects, Experts Say
Analysts say the slowdown is attributable not only to China’s Covid policies but also to a crackdown on private enterprise,…
One subscription that gives you access to news from hundreds of sites
Retail inflation jumps to 8-year high of 7.79% in April
NEW DELHI: Retail inflation based on consumer price index (CPI) jumped to 8-year high of 7.79 per cent in April,…
Did the RBI wait too long to raise interest rates?
It could have started highlighting inflationary worry points in February
Get all your news in one place