New Delhi, Dec 7: The central government on Friday appointed Krishnamurthy Subramanian as the new Chief Economic Advisor (CEA) for three years.
Subramanian fills the post lying vacant for nearly six months since Arvind Subramanian resigned in June.
The Appointments Committee of the Cabinet approved the appointment of Krishnamurthy Subramanian, Executive Director (Centre For Analytical Finance), ISB, to the post of CEA, the Department of Personnel and Training said.
A PhD (Financial Economics) scholar from the Booth School of Business, University of Chicago, and an alumnus of IIM Calcutta and IIT Kanpur, Subramanian is an expert in banking, corporate governance and economic policy.
According to the ISB website, His services on the expert committees on corporate governance for Securities and Exchange Board of India and on governance of banks for the Reserve Bank of India have established him as one of the chief architects of corporate governance and banking reforms in India.