The government on December 7 appointed Dr. Krishnamurthy Subramanian, associate professor and executive director (centre for analytical finance) of Indian School of Business (ISB), Hyderabad, as the new chief economic adviser (CEA) to the finance minister for a period of three years.
The post of the CEA had been lying vacant since Arvind Subramanian stepped down the Finance Ministry after a four-year stint earlier this year.
The government notification said, “The Appointments Committee of the Cabinet has approved for the appointment of Dr. Krishnamurthy Subramanian, Associate Prof. and ED (CAF), ISB, Hyderabad, to the post of Chief Economic Adviser.”
Dr. Krishnamurthy is a PhD from Chicago-Booth and is 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 also serves on the boards of Bandhan Bank Ltd, the National Institute of Bank Management and the RBI Academy.