The Reserve Bank in a statement said  P. Vasudevan will look after Department of Currency Management, Corporate Strategy and Budget Department (Areas other than that of Budget & Funds) and Enforcement Department. 

• Prior to being promoted as executive director, Vasudevan was the Chief General Manager-in-charge of the Department of Payment and Settlement Systems.
• Vasudevan has, over a span of nearly 30 years in the Reserve Bank, served in supervision of banks and non-banking financial companies, payment and settlement systems and other areas in the Reserve Bank.
• Vasudevan holds a Bachelor’s Degree in Commerce and is a Fellow of the Institute of Cost Accountants of India. He has a Master’s Degree in Finance and Certifications in Information Systems Audit (CISA), Information Security Management (CISM) and Fintech (National University of Singapore).
• He is a Certified Associate of the Indian Institute of Bankers (CAIIB) and an alumnus of the Wharton School.