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Krishnamurthy Subramanian

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Krishnamurthy Subramanian
Krishnamurthy Subramanian
17th Chief Economic Adviser to the Government of India
Incumbent
Assumed office
7 December 2018
Appointed byAppointments Committee of the Cabinet
MinisterNirmala Sitharaman
Preceded byArvind Subramanian
Personal details
Born (1971-05-05) 5 May 1971 (age 53)
Bhilai, Chhattisgarh
NationalityIndian
Alma materIIT Kanpur (BTech)
IIM Calcutta (MBA)
University of Chicago (MBA, PhD)
ProfessionEconomist
Academic career
FieldFinancial economics
InstitutionsIndian School of Business
Goizueta Business School, Emory University
Doctoral
advisor		Luigi Zingales
Raghuram Rajan

Krishnamurthy Venkata Subramanian (born May 5, 1971) is an Indian economist and the current Chief Economic Adviser to the Government of India (CEA), officially being appointed to the position on 7 December 2018. The post of CEA was vacant for over five months since the 16th CEA, Arvind Subramanian, left due to personal reasons in June 2018, having occupied the position for a few months more than the usual term of three years.[1][2]

Subramanian is also a Professor at the Indian School of Business.

Education

He was born in Bhilai, Chhattisgarh. He did his schooling at Mar Gregorious Memorial Senior Secondary School, Bhilai. Subramanian holds a Master of Business Administration and Doctor of Philosophy (PhD) in financial economics from Booth School of Business, University of Chicago. His PhD was completed under the supervision of Luigi Zingales and Raghuram Rajan. He is also an alumnus of the Indian Institute of Technology, Kanpur where he studied electrical engineering, as well as the Indian Institute of Management, Calcutta, where he was awarded an Ewing Marion Kauffman Foundation Dissertation Fellowship in 2005.[3]

Career

Subramanian has worked in expert committees for Securities and Exchange Board of India and the Reserve Bank of India, being part of major economic and corporate reforms in India. He has worked with JPMorgan Chase, ICICI Bank and Tata Consultancy Services. He was a board member in Bandhan Bank, the National Institute of Bank Management and the Reserve Bank of India Academy,[4] and has academically been a part of the finance faculty at Goizueta Business School at Emory University in the United States of America.[5][6]

Subramanian is also currently a tenured Professor at the Indian School of Business,[7] and earlier worked as an executive assistant to the chairperson of the Fixed Income Money Markets and Derivatives Association of India.[8]

In articles published in The Times of India and Livemint titled, "Will Black Be Back? Why demonetisation will be revolutionary in India’s fight against corruption", and "Demonetisation: Are the poor really suffering?", respectively, Subramanian supported the Government of India's banknote demonetisation policy in 2016.[9][10][5]

Subramanian was inducted into the Fifteenth Finance Commission's advisory council in May 2019.[11][12]

References

  1. ^ "Chief Economic Advisor Arvind Subramanian resigns due to personal reasons, will move to US". The Economic Times. 20 June 2018. Archived from the original on 20 June 2018. Retrieved 7 December 2018.
  2. ^ "Govt appoints Krishnamurthy Subramanian as Chief Economic Advisor". Outlook India. Archived from the original on 9 December 2018. Retrieved 7 December 2018.
  3. ^ "Kauffman Dissertation Fellows". www.kauffman.org. Archived from the original on 9 December 2018. Retrieved 7 December 2018.
  4. ^ "ISB professor Krishnamurthy Subramanian appointed as new Chief Economic Adviser". The Indian Express. 7 December 2018. Archived from the original on 7 December 2018. Retrieved 7 December 2018.
  5. ^ a b "Krishnamurthy Subramanian Appointed As The Next Chief Economic Adviser". BloombergQuint. Archived from the original on 9 December 2018. Retrieved 7 December 2018.
  6. ^ "Govt appoints Krishnamurthy Subramanian as Chief Economic Adviser for 3 years". Moneycontrol. Archived from the original on 7 December 2018. Retrieved 7 December 2018.
  7. ^ "Subramanian, Krishnamurthy | Indian School of Business (ISB)". www.isb.edu. Archived from the original on 9 December 2018. Retrieved 7 December 2018.
  8. ^ "Who is Krishnamurthy Subramanian? Five things to know about the new Chief Economic Advisor to the Government of India". Times Now. Archived from the original on 7 December 2018. Retrieved 7 December 2018.
  9. ^ "Will Black Be Back? Why demonetisation will be revolutionary in India's fight against corruption". Times of India Blog. 11 November 2016. Archived from the original on 10 December 2018. Retrieved 7 December 2018.
  10. ^ Subramanian, Krishnamurthy (23 November 2016). "Demonetisation: Are the poor really suffering?". Livemint. Archived from the original on 9 December 2018. Retrieved 7 December 2018.
  11. ^ "Chief Economic Advisor Krishnamurthy Subramanian appointed as member of Advisory Council of 15th Finance Commission". Business Standard. Business Standard Ltd. Asian News International. 3 May 2019. OCLC 496280002. Retrieved 10 May 2019.
  12. ^ "CEA K Subramanian joins Finance panel's advisory council". The Quint. New Delhi. Indo-Asian News Service. 3 May 2019. Retrieved 10 May 2019.
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