The government today appointed Krishnamurthy Subramanian, associate professor and executive director (Centre for Analytical Finance) of Indian School of Business, Hyderabad, as the new chief economic adviser to the finance minister for 3 years He has taken over the position held by Arvind Subramanian who resigned on June 20 and now has returned back to research in academics and writing in the US.
Krishnamurthy Subramanian is a PhD from Chicago-Booth and a top-ranking IIT-IIM alumnus who is looked upon as amongst the best in the field of banking, economic policy and corporate governance. His MBA and PhD in Financial Economics was under the advice of Professor Luigi Zingales and Professor Raghuram Rajan.
Subramanian is a member of the standing committee of the SEBI on alternative investment policy, primary markets, secondary markets and research. He is also on the boards of the RBI academy, Bandhan Bank and the National Institute of Bank Management.
Before moving to ISB, Hyderabad, Subramanian was a finance faculty at Goizueta Business School at Emory University in the US.