RBI appoints Shri Muneesh Kapur as new Executive Director

The Reserve Bank of India (RBI) has appointed Shri Muneesh Kapur as Executive Director (ED) with effect from October 3, 2023.

Shri Kapur held the positions of Secretary to the Monetary Policy Committee and Adviser-in-Charge, Monetary Policy Department, before being promoted to ED.

In the Department of Economic and Policy Research and the Department of Monetary Policy at the Reserve Bank, Shri Kapur has spent nearly three decades working in the fields of macroeconomic policy and research as well as monetary policy. In addition, from 2012 to 2015, he worked as the Executive Director of the International Monetary Fund’s advisor.

Shri Kapur will oversee the Department of Economic and Policy Research in his capacity as Executive Director.

Shri Muneesh Kapur is a Certified Associate of the Indian Institute of Bankers (CAIIB) and holds a Master’s degree in Economics.