“Krishnamurthy Subramanian”, an academic professor at the ‘Indian School of Business’ (ISB) in Hyderabad, has been appointed as the Chief Economic Advisor of the Government of India. He was appointed as the Chief Economic Advisor since, December 7, 2018.
The post of Chief Economic Advisor in the Government of India is very much equivalent to the rank of ‘Secretary to the Government of India’. He is also the head of Economic Division of the Department of Economic Affairs, Ministry of Finance under Government of India. The Chief Economic Advisor is appointed under the direct charge of the Minister of Finance.
He is additionally the author of 2 books “Eclipse: Living in the Shadow of China’s Economic Dominance” and “India’s Turn: Understanding the Economic Transformation”. The Government of India has appointed Krishnamurthy Subramanian to the post for the period of 3 years. Krishnamurthy Subramanian is one of the world’s leading experts in banking, corporate governance, and economic policy, according to his bio narrating his skills and qualification on the ISB website.
He also served as the member of SEBI’s Standing Committees on Alternative Investment Policy, Primary Markets, Secondary Markets, and Research. Before starting his academic career, he worked as a consultant in JPMorgan Chase at New York. He also served under the management role in the elite derivatives research group of ICICI Ltd.
He holds a Ph.D. from the University Of Chicago Booth School Of Business. His field of research were in Banking, Law and Finance, Innovation and Economic Growth, and the Corporate Governance has been published into the world’s leading journals, namely the Journal of Financial and Quantitative Analysis, The Review of Financial Studies, the Journal of Financial Economics, and the Journal of Law and Economics.