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Reserve Bank of India Veteran Dr. Deepak Kumar Takes Helm at IDRBT

In a move poised to shape the future of banking technology in India, Dr. Deepak Kumar has been appointed Director of the Institute for Development and Research in Banking Technology (IDRBT). 

Dr. Kumar brings a distinguished career spanning over three decades at the Reserve Bank of India (RBI) to his new role. His extensive experience encompasses leadership positions in critical departments like Foreign Exchange, Communication, and the Deposit Insurance and Credit Guarantee Corporation. Notably, Dr. Kumar previously headed the RBI’s Department of Information Technology, where he played a pivotal role in spearheading the central bank’s technological advancements. 

Dr. Kumar’s expertise is multifaceted, encompassing information technology, cybersecurity, payment systems, banking supervision, and currency management. His academic background, including a Ph.D. focused on the impact of technology on banking, coupled with certifications in emerging technologies, showcases a deep commitment to innovation and continuous learning. 

“I am honored to take on this new responsibility,” Dr. Kumar said. “Having recently retired from the RBI after 34 years of service, I look forward to leveraging my experience to contribute to the public good once again.” 

He expressed his appreciation for his time at the RBI, highlighting the invaluable experience gained from working with exceptional leaders and a dedicated team. Dr. Kumar concluded by emphasizing his commitment to fulfilling the expectations of his new role with the support of his colleagues. 

Dr. Kumar’s appointment signifies a new chapter for IDRBT, and his leadership is expected to be instrumental in driving the institute’s mission of fostering innovation and technological excellence in the Indian banking sector. 

PR Newswire

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