Current Affairs - Awards and Honours - Discussion

Suman Ray was appointed as an Executive Director (ED) of the Reserve Bank of India (RBI) effective September 1, 2026. Before this appointment, he served as the Regional Director of the RBI for Maharashtra. As Executive Director, he will oversee the Deposit Insurance and Credit Guarantee Corporation (DICGC) and the Premises Department. Ray has more than three decades of experience with the RBI and has worked across areas such as currency management, financial inclusion, payments and settlements, consumer education and protection, and human resources. He has also served as secretary to the Western Area Local Board.