Who is Krishnamurthy Subramanian? Modi government's Chief Economic Adviser after Arvind Subramanian
The Centre has appointed Krishnamurthy Subramanian of Indian School of Business, Hyderabad as Chief Economic Adviser for three years.
Months after Arvind Subramanian, Chief Economic Adviser in Narendra Modi government, resigned, the Centre has appointed Krishnamurthy Subramanian of Indian School of Business, Hyderabad as Chief Economic Adviser for three years. According to ISB website, Krishnamurthy is a PhD scholar 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.
Krishnamurthy has been an associate professor and executive director (Centre for Analytical Finance) of Indian School of Business, Hyderabad.
The ISB website says, Krishnamurthy has served 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). These services have established him as one of the "chief architects of corporate governance and banking reforms in India."
The new CEA serves as a member of SEBI’s Standing Committees on Alternative Investment Policy, Primary Markets, Secondary Markets and Research. "As part of his corporate policy work, he serves on the boards of Bandhan Bank, the first bank to be licensed after independence in eastern India, the National Institute of Bank Management, and the RBI Academy," says ISB website.
Krishnamurthy's research in banking, law and finance, innovation and economic growth, and corporate governance has been published in the world’s leading journals, including The Review of Financial Studies, the Journal of Financial Economics, the Journal of Financial and Quantitative Analysis, and the Journal of Law and Economics. He has been writing columns in leading busines dailies.
Arvind Subramanian had resigned from his post on 20th June this year, several months before the end of his term in May 2019.