Meena Hemchandra has taken charge as new Executive Director at the Reserve Bank of India. As the Executive Director, Meena will look after the Department of Banking Supervision, Department of Co-operative Banking Supervision and Department of Non-Banking Supervision. The appointment of Meena Hemchandra comes as a vacancy for the post was created after G Padmanabhan retired on May 31 this year.

RBI’s executive director Chandan Sinha, who was incharge of these departments will look after the Department of Information Technology, Department of Payment and Settlement Systems, Foreign Exchange Department and Financial Markets Regulation Department (including Market Intelligence).

RBI has 11 executive director in charge of various departments.

Tidbits

• Meena Hemchandra holds a post graduate degree in economics.
• She was a chartered financial analyst from Institute of Chartered Financial Analysts of India
• She was the Principal of Reserve Bank’s College of Agriculture Banking at Pune.
• she has worked in department of external investment and operations.