RBI appoints Suman Ray as Executive Director

India, Sept. 2 -- The Reserve Bank of India (RBI) has appointed Suman Ray as Executive Director (ED) with effect from September 1, 2026.

Prior to his elevation, Ray was serving as Regional Director for Maharashtra. A career central banker with over three decades of experience at the RBI, he has worked across areas including currency management, financial inclusion, payment and settlement systems, consumer education and protection, and human resources.

As Executive Director, Ray will oversee the Deposit Insurance and Credit Guarantee Corporation (DICGC) and the Premises Department.

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