Dr. AS Ramasastri
Dr. A. S. Ramasastri is the Director of the Institute for Development and Research in Banking Technology (IDRBT). He is on the boards of Bandhan Bank, Indian Institute of Banking and Finance (IIBF), IDBI Infotech, Data Security Council of India (DSCI) and Society for Electronic Transactions and Security (SETS). He is member of important committees of Reserve Bank of India, including IT Sub-Committee of the Board and Cyber Security Standing Committee. He is closely associated with several technology advisory groups of the Reserve Bank.
Dr. Ramasastri was the Founding Chairman of Indian Financial Technology and Allied Services (IFTAS), the company that provides critical networking and messaging services to banking and financial sectors. He led the process of setting up the IFTAS, putting in place its governance structure and systems, and fine-tuning its strategy for nearly five years.
As the Director of IDRBT, he has been actively leading the development and growth of the Institute, especially in the areas of Cyber Security, Analytics, Cloud Computing and Payment Systems. He has been instrumental in introducing the Post Graduate Diploma in Banking Technology (PGDBT) and setting up of CIO, CAO and Fintech Forums. He led launching of the IDRBT Journal of Banking Technology in 2017 and is its Editor-in-Chief.
Prior to joining the Institute, Dr. Ramasastri was the Chief General Manager-in-charge of Department of Information Technology at Reserve Bank of India. In the RBI, he has spearheaded many important projects including the implementation of the Next Generation RTGS, adoption of international standards like XBRL and ISO 20022, conceptualizing and guiding of banks on Automated Data, and preparation of IT Vision of RBI for 2011-17.
Dr. Ramasastri holds a Ph.D. in Finance from the Indian Institute of Technology, Madras and was the top ranker in M.Sc. (Statistics) from Madras University and B.Sc. (Statistics) from Loyola College, Madras. He has also attended Advanced Management Programmes at the University of Oxford and Kellogg School of Management.