MeraNews Network, Gandhinagar: The government on Friday appointed Dr. Krishnamurthy Subramanian, the associate professor and executive director for centre for analytical finance at Indian School of Business in Hyderabad as the new Chief Economic Advisor for the tenure of three years.

The Appointments Committee of the Cabinet (ACC) has approved his name for the appointment of the post of CEA, which has been lying vacant after Arvind Subramanian left the finance ministry six months ago, after a four-year stint. Dr. Subramanian, an IIT and IIM alumnus is one of the world’s leading experts in banking, corporate governance and economic policy. He holds a Ph.D. from Chicago-Booth School of Business and has been published in Review of Financial Studies, Journal of Financial Economics, Journal of Financial and Quantitative Analysis and Journal of Law and Economics.

He serves of the committees of Securities and Exchange Board of India (SEBI) on alternative investment policy, primary markets, secondary markets, and research. Dr. Subramanian has previously worked as a consultant with the JP Morgan Chase in New York and a management role in the elite derivatives research group at ICICI Limited.