Govt picks Krishnamurthy Subramanian as its new CEA

New Delhi: After Arvind Subramanian, the government has picked academic Krishnamurthy Subramanian as its new chief economic adviser (CEA). The new appointee will have a three-year tenure.

Subramanian is an associate professor of finance at Indian School of Business and has a PhD from Chicago-Booth. He is an expert in banking, corporate governance and economic policy, according to his profile posted on Indian School of Business's website.

He is 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).

He has been published in the world's leading journals. Subramanian's PhD dissertation earned the Ewing Marion Kauffman Foundation Dissertation Fellowship. He was the top ranker at Indian Institute of Management-Calcutta which awarded him an honour roll "for the most balanced outlook to business problems". He holds a bachelor's degree in electrical engineering from the Indian Institute of Technology, Kanpur.

He is 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). He is 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, the National Institute of Bank Management, and the RBI Academy.