RBI appoints Sonali Sen Gupta as new Executive Director

The Reserve Bank of India (RBI) has appointed Sonali Sen Gupta as Executive Director (ED), effective from October 09, 2025. Before this appointment, Sonali Sen Gupta was the Regional Director for Karnataka at the Bangalore Regional Office.

With over three decades of experience in the central bank, Sonali Sen Gupta has worked in areas including financial inclusion, human resource management, banking regulation and supervision. She has represented the RBI in G20's Global Partnership for Financial Inclusion (GPFI) and OECD's International Network on Financial Education (INFE) and has served as a Director on the board of the National Centre for Financial Education (NCFE).

She has also been a member of several other internal and external Committees. Additionally, she is RBI’s Nominee Director on the Board of Indian Overseas Bank.

As Executive Director, Sonali Sen Gupta will oversee the Consumer Education and Protection Department, the Financial Inclusion and Development Department, and Inspection Department.

Sonali Sen Gupta is a post-graduate with an MBA in banking and finance. She is also a Certified Associate of the Indian Institute of Banking & Finance (IIBF).

Sanjay Kumar Hansda appointed as Executive Director

The latest development comes days after the RBI announced the appointment of Sanjay Kumar Hansda as Executive Director (ED) with effect from March 03, 2025, who reported back to the Bank on October 06, 2025, after completing his deputation as Senior Advisor to ED (India), International Monetary Fund (IMF).

Before his promotion to ED, Hansda was an Adviser in the Department of Economic and Policy Research. He also held positions as Adviser in the Monetary Policy Department and as Officer-in-Charge/Director of the Internal Debt Management Department. Additionally, he worked as an Analyst (Financial Stability) at the Bank of England on a secondment RBI.

As Executive Director, Shri Hansda will look after the Department of Economic and Policy Research.

Hansda has over thirty years of experience in the central bank. He specialises in banking, money and credit, interest rates, liquidity, growth, inflation, financial and capital markets, industry and services, national and monetary accounts, savings, and the flow of funds.

He has managed sovereign and sub-sovereign cash and debt issues, worked on G-20 matters, and coordinated between regulatory bodies. Hansda has been a member of committees established by the Bank of England, the Committee on the Global Financial System (CGFS), and the Government of India, as well as numerous internal and external working groups.