RBI appoints Rajiv Ranjan, Sitikantha Pattanaik as executive directors

The Reserve Bank said on Friday that Sitikantha Pattanaik and Rajiv Ranjan have been appointed CEOs as of May 1.

Ranjan will also serve as an ex officio member of the Monetary Policy Committee (MPC).

Prior to his promotion to the ED, Pattanaik was an adviser to the Department of Economic and Political Research (DEPR), while Ranjan served as an adviser to the Monetary Policy Department and MPC Secretary.

RBI said as CEO (ED), Pattanaik will take care of the economic and political research department, while Ranjan will take care of the monetary policy department.

Ranjan holds a PhD in Economics from Mumbai University and holds a Master’s degree in Economics from the Delhi School of Economics.

Pattanaik holds a PhD in Economics from the University of Mumbai.

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