New Delhi: Krishnamurthy Subramanian, a top-ranking IIT-IIM alumnus, has been appointed as the new Chiec Economic Advisor for a period of 3 years.
Subramanian is currently serving as Associate Professor of Finance and Executive Director for the Centre for Analytical Finance at the Indian School of Business. He holds a PhD from the University of Chicago Booth School of Business.
The government on June 30 invited applications for the appointment of CEA on deputation basis after Arvind Subramanian quit the office ahead of completion of his term.
The finance ministry had appointed a search committee headed by former Reserve Bank of India governor Bimal Jalan to shortlist candidates for the post. Economic affairs secretary Subhash C Garg and B P Sharma, secretary, department of personnel training are also members of the selection panel.
Arvind Subramanian was appointed as CEA on October 16, 2014, for a 3-year term and was given an extension last year. His official contract was till May 2019.