The Reserve Bank of India (RBI) has announced the appointment of P. Vasudevan as Executive Director (ED). His appointment came into effect on July 3.

Prior to being promoted to a new role, P. Vasudevan was the chief general manager-in-charge of the Department of Payment and Settlement Systems.

P. Vasudevan possesses close to three decades of experience working with the Reserve Bank in supervision of banks and non-banking financial companies, payment and settlement systems, and other areas.

 His stint with RBI included being a member of the faculty at the Bankers’ Training College. He has worked in the central office as well as the Bengaluru, Mumbai, and New Delhi Regional Offices of the Reserve Bank.

As ED, Shri P. Vasudevan will look after the Department of Currency Management, Corporate Strategy and Budget Department (Areas other than that of Budget and Funds), and Enforcement Department.

P. Vasudevan holds a Bachelor’s Degree in Commerce and is a Fellow of the Institute of Cost Accountants of India. He has a Master’s Degree in Finance and Certifications in Information Systems Audit (CISA), Information Security Management (CISM), and Fintech (National University of Singapore). He is a Certified Associate of the Indian Institute of Bankers (CAIIB) and an alumnus of the Wharton School.