RBI appoints Usha Janakiraman as new Executive Director

The Reserve Bank of India (RBI) on Monday announced the appointment of Usha Janakiraman as Executive Director, effective December 1, 2025.

A qualified Chartered Accountant, Janakiraman brings over 30 years of experience at the central bank. She has previously served as Chief General Manager‑in‑Charge of RBI’s Department of Regulation in Mumbai and has held key assignments across regulation, external investments, banking supervision, public debt management, and currency management.

In her new role as Executive Director, she will oversee the Department of Supervision, which focuses on risk management, analytics, and vulnerability assessment a critical function in the evolving landscape of banking regulation.

Her appointment comes just days before the RBI’s Monetary Policy Committee meeting scheduled for December 3, highlighting the strengthening of the central bank’s senior leadership team.

With this elevation, the RBI continues to leverage veteran internal expertise to manage core regulatory functions, reflecting confidence in Janakiraman’s deep institutional knowledge and her proven track record across multiple RBI departments.