Krishnamurthy Subramanian has been appointed as the new Chief Economic Adviser for three years by the government.
Subramanian is a professor at Hyderabad’s Indian School of Business.
In June, then Chief Economic Advisor (CEA) Arvind Subramanian submitted his resignation and expressed his desire to return to the United States due to family commitments.
The office of CEA has been vacant since then.
Currently, he serves as associate professor of finance and executive director for the Centre for Analytical Finance.
Subramanian has a PhD from Chicago-Booth and a top-ranking IIT-IIM alumnus.
He is one of the world’s leading experts in banking, corporate governance and economic policy.
He serves as a member of Sebi’s standing committees on alternative investment policy, primary markets, secondary markets and research.
He is also on the boards of Bandhan Bank Ltd, the National Institute of Bank Management, and the RBI Academy.
Before beginning his academic career, Subramanian worked as a consultant with JPMorgan Chase in New York. He also served in a management role in the elite derivatives research group at ICICI Ltd.