The government appointed Krishnamurthy Subramanian of Indian School of Business (ISB) Hyderabad as the new chief economic advisor for a period of three years, an official release stated. He will be serving in place of Arvind Subramanian, who left the office in July earlier this year.
Currently, Subramanian serves as associate professor of finance (with tenure) and executive director for the Centre for Analytical Finance at the ISB.
A PhD from Chicago-Booth and a top-ranking IIT-IIM alumnus, Subramanian is one of the world’s leading experts in banking, corporate governance and economic policy.
His services on the expert committees on corporate governance for the Securities and Exchange Board of India (Sebi) and on governance of banks for the Reserve Bank of India (RBI) have established him as one of the chief architects of corporate governance and banking reforms in India.