Former CEA Krishnamurthy Subramanian appointed India’s Executive Director at IMF

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The Appointments Committee of the Cabinet has approved the appointment of Dr Krishnamurthy Subramaniam, former Chief Economic Adviser, to the post of Executive Director (India) in the International Monetary Fund.


  • He has been appointed for a period of three years with effect from November 1, 2022.
  • Subramaniam, who is currently Professor of Finance at the Indian School of Business, will succeed Surjit S Bhalla, who was appointed to the post in 2019.

  • Subramaniam had stepped down as the Chief Economic Adviser in 2021 after a 3-year tenure.

  • The government of India had appointed Professor Subramaniam, ISB Hyderabad, as the CEA in December 2018. He had replaced Arvind Subramanian.

  • Subramaniam holds an MBA in Financial Economics and a Doctor of Philosophy (PhD) degree from the University of Chicago Booth School of Business.

  • He has completed his PhD in supervision of former RBI Governor Raghuram Rajan.

  • Subramaniam is also an alumnus of the IIT, Kanpur where he studied electrical engineering.

  • He was the youngest Chief Economic Adviser to the Government of India from 2018 to 2021.

India’s Executive Director at IMF :

  • The IMF's EDs are elected through voting by governors representing the countries of the respective constituencies for a two-year term.

  • India falls in a 4-country constituency in which India, Bangladesh, Sri Lanka and Bhutan are members.

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