Chief Economic Advisor, Government of India
Dr. Krishnamurthy Subramaniam, Currently Chief Economic Advisor to the Government of India, is a leading expert on economic policy, banking, and corporate governance. A PhD from Chicago Booth and a top-ranking IIT-IIM alumnus, he authored the path-breaking Economic Survey that commends ‘Ethical Wealth Creation’ for a prosperous India. By integrating India’s rich economic and spiritual heritage with modern economic ideas, he advocates ethical wealth creation through a marriage of the invisible hand of the market with the hand of trust. Given India’s tryst with socialistic ideas, where wealth and wealth creators were considered a necessary evil, the advocacy of ethical wealth creation has been hailed as a path-breaking departure in policy thinking.
Dr. Subramaniam is on leave from prestigious Indian School of Business, a top business school in India and the only Indian institution to be ranked in the world’s top 100 for path-breaking research, where he is a professor of finance. He has previously served on several expert committees including P J Nayak Committee on the governance of banks for the Reserve Bank of India and the Uday Kotak Corporate Governance Committee of Securities and Exchange Board of India. He is also the founding member of Bandhan Bank (2015-2018).
His research is in banking, law and finance, innovation and economic growth, and corporate governance has been published in the world’s leading journals, including The Review of Financial Studies, the Journal of Financial Economics, the Journal of Financial and Quantitative Analysis, and the Journal of Law and Economics.