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The Government of India today appointed Dr. V. Anantha Nageswaran, Former Dean, IFMR GSB and Distinguished Visiting Professor of Economics at Krea University as the new Chief Economic Advisor, Ministry of Finance, Government of India. 

Dr. Anantha Nageswaran is a consultant, teacher and writer, and holds a Post Graduate Diploma in Management (MBA) from the Indian Institute of Management, Ahmedabad (1985) and a doctoral degree in Finance from the University of Massachusetts in 1994 for his work on the empirical behaviour of exchange rates. Dr V Anantha Nageswaran is amongst the three Chief Economic Advisors who have had a strong association with IFMR and Krea University.  Dr R M Honavar, the second Director of IFMR and Dr Raghuram Rajan, a member of the Governing Council of Krea University being the two others with a strong association with IFMR and Krea University.

Responding to Dr Anantha Nageswaran’s appointment, Vice-Chancellor of Krea University, Dr. Mahesh Rangarajan said: “It is a matter of pride for all in Krea University to learn of Dr Anantha Nageswaran’s appointment as the Chief Economic Advisor. Prof Nageswaran is distinguished as much for his scholarship as his qualities as a teacher and mentor. We wish him the very best.”

Commenting on the appointment, Pro Vice-Chancellor for Professional Learning at Krea University, Mr Ramkumar Ramamoorthy said, “This is a proud moment for all of us at Krea University. We profusely thank him for his invaluable contributions to IFMR Graduate School of Business as its former Dean and to Krea University as its Distinguished Visiting Professor of Economics. We wish him all the very best as he takes on the new role.”

Between 1994 and 2004, Dr Nageswaran worked for the Union Bank of Switzerland (now UBS) and for Credit Suisse in Switzerland and in Singapore. In July 2006, he joined Bank Julius Baer & Co. Ltd. in Singapore as the Head of Research for Asia. In March 2009, he was appointed as the Chief Investment Officer for the bank, and has been consulting, writing and teaching since July 2011.

Dr Nageswaran helped co-found Aavishkaar Venture Capital (Venture Capital Investor in Social Enterprises) and the Takshashila Institution (a public policy think-tank cum teaching institute). His co-authored books, ‘Economics of Derivatives’ and ‘Derivatives’ were published by the Cambridge University Press in March 2015 and October 2017 respectively. Another co-authored work, ‘Can India grow?’ has been published by Carnegie Endowment for International Peace in November 2016. His recent book, ‘The Rise of Finance: Causes, Consequences and Cures’ has been published in 2019 by Cambridge University Press.

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