Shri Karuppasamy takes charge as New Executive Director at Reserve Bank of India
By RBIWednesday, February 2, 2011
Shri S. Karuppasamy, assumed charge as Executive Director of the Reserve Bank of India today. As Executive Director, Shri Karuppasamy will look after Department of Expenditure and Budgetary Control, Department of Information Technology, Legal Department and Urban Banks Department.
Shri Karuppasamy was Regional Director of the Reserve Bank’s Kolkata office prior to taking charge as Executive Director. Shri Karuppasamy has also headed two Central Office departments, namely, Department of Banking Supervision and Urban Banks Department. Joining the Reserve Bank of India in 1975, Shri Karuppasamy has worked in various departments in different capacities. These include, Issue Department, Department of Economic Analysis and Policy, Banking Department, Agricultural Credit Department, Rural Planning and Credit Department, Department of Banking Operations and Development and Urban Banks Department. He has also worked in various regional offices of the Reserve Bank. He has been a Member Faculty in College of Agricultural Banking, Pune and has also been the Principal of the Reserve Bank’s Staff Training College, Chennai. Shri Karuppasamy has also been associated with working groups in certain areas, such as, High Power Committee on Urban Cooperative Banks, Rating Framework for Urban Cooperative Banks, Cross Border Supervision and Integrated System of Alert. Shri Karuppasamy is a post graduate in Economics, is a Certified Associate of Indian Institute of Bankers, has a Post Graduate Diploma in Bank Management (NIBM) and is a Pragya. As Regional Director, Shri Karuppasamy was an RBI Nominee Director on the Board of Indian Bank. Shri Karuppasamy fills up the vacancy arising from Shri Anand Sinha’s elevation to the post of Deputy Governor last week. Consequent to these changes, the portfolios of Deputy Governors and Executive Directors of the Reserve Bank are redistributed as under: Deputy Governors Smt. Shyamala Gopinath : 1. Department of External Investment & Operations Dr. K.C. Chakrabarty : 1. Central Security Cell Dr. Subir Gokarn : 1. Department of Communication Shri Anand Sinha : 1. Department of Banking Operations and Development Executive Directors Shri V.K. Sharma : 1. Customer Service Department Shri C. Krishnan : 1. Central Vigilance Cell Shri V.S. Das : 1. Department of Administration and Personnel Management Shri G. Gopalakrishna : 1. Central Security Cell Shri H.R. Khan : 1. Department of External Investment & Operations Shri D.K. Mohanty : 1. Alternate Appellate Authority (under RBI) Shri S. Karuppasamy : 1. Department of Expenditure and Budgetary Control Alpana Killawala Press Release : 2010-2011/1108 |