Born on May 5, 1959, Shri Kanungo holds a Master’s degree in humanities from Utkal University, besides holding a Bachelor’s degree in Law.
Shri Kanungo, a career central banker, joined the Reserve Bank of India in September 1982. He has worked in several functional areas of the banks such as foreign exchange management, banking & non-banking Supervision, currency management, government and bank accounts and public debt. He has served as the head of regional offices of the Reserve Bank at Jaipur and Kolkata besides holding the position of the Banking Ombudsman for Madhya Pradesh and Chhattisgarh. As Executive Director, he looked after Foreign Exchange Management, Internal Debt Management and Government and Bank Accounts.