Smt. Meena Hemchandra has taken over as the new Executive Director at the Reserve Bank of India today. She will look after Department of Banking Supervision, Department of Co-operative Banking Supervision and Department of Non-Banking Supervision.

Shri Chandan Sinha, Executive Director who was earlier looking after these Departments will now look after Department of Information Technology, Department of Payment and Settlement Systems, Foreign Exchange Department and Financial Markets Regulation Department (including Market Intelligence).

The portfolios of other Executive Directors remain unchanged.

Prior to her appointment as Executive Director, Smt. Hemchandra was in charge of Department of Banking Supervision. She has also been the Principal of the Reserve Bank’s College of Agricultural Banking, Pune. Her earlier experience also includes Department of External Investment and Operations that manages the country’s reserves and Foreign Exchange Department.

A Chartered Financial Analyst (CFA) from the Institute of Chartered Financial Analysts of India (ICFAI), Smt. Hemchandra also holds a post graduate degree in Economics.

Alpana Killawala
Principal Chief General Manager

Press Release : 2014-2015/2544