Shri Ajay Kumar

Information

Title

Executive director

Biography

Shri Ajay Kumar is Executive Director (ED) of "Reserve Bank of India" (RBI) since August 2021. He oversees i) Internal Debt Management Department, ii) Department of External Investments and Operations, iii) Risk Monitoring Department and iv) Rajbhasha Department. Before taking over as ED, Shri Kumar was heading the New Delhi Regional Office of the RBI as Regional Director. Also, Shri Kumar is nominated as a Director on the Central Board of "State Bank of India" (SBI) by the Central Government of India, u/s 19(f) of SBI Act w.e.f. 14th July 2023. In the past, he has served as the RBI Nominee Director on the Board of Bank of Baroda from January 2017 to April 2021 . Shri Ajay Kumar has done his Master's in Economics and MS in Banking. He is also a Certified Bank Manager from Institute of Bank Management and Research, Hyderabad. He has undertaken Executive Management Programme from Kellogg School of Management, Chicago and holds other professional qualifications including Certified Associate of Indian Institute of Banking and Finance (CAIIB). He joined Reserve Bank of India in December 1991 and has had a wide experience of 33 years of working in various capacities in the areas like Banking Supervision, Foreign Exchange Management, Financial Inclusion, Currency Management, Debt Management, Risk Monitoring, and Management & Investment of Forex Reserves.