RBI Appoints Suman Ray as Executive Director
What Happened
RBI has appointed Suman Ray as Executive Director with effect from September 1, 2026. Previously the Regional Director for Maharashtra, Ray brings over three decades of experience across currency management, financial inclusion, payment systems, consumer protection, and human resources. As ED, he will oversee the Department of Deposit Insurance & Credit Guarantee Corporation (DICGC) and the Premises Department.
Key Takeaways
The appointment places an experienced career central banker in charge of deposit insurance and credit guarantee operations, reinforcing RBI’s focus on financial stability and depositor protection.