The Reserve Bank of India (RBI) announced the promotion of Gunveer Singh to the position of Executive Director. Singh, previously the Chief General Manager-in-Charge of the Department of Payment and Settlement Systems at the RBI, assumed his new role on Monday. With over three decades of experience at the RBI, Singh will now oversee the Department of Payment and Settlement Systems in his new capacity.
Singh’s promotion to Executive Director was effective from May 18, 2026, as stated by the central bank. His extensive experience spans various areas within the RBI, including payment and settlement systems, banking and non-banking supervision, risk monitoring, and government banking. Additionally, Singh has previously served as a payment systems expert at the Central Bank of Oman.
Having a background as a Chartered Accountant and a Cost and Works Accountant, Singh’s expertise will be instrumental in his new role at the RBI. As the Executive Director, he will be responsible for managing the Department of Payment and Settlement Systems, as highlighted by the central bank’s official statement.
