About IBBI

Previous Governing Board Members

Dr. Krishnamurthy Subramanian

Dr. Krishnamurthy Subramanian

Dr. Krishnamurthy Subramanian, Part-Time Member, IBBI (8th July, 2019 to 31st October, 2022)

Dr. Krishnamurthy Subramanian was appointed as Part-Time Member on the Governing Board of IBBI on 8th July, 2019. He served on the Governing Board till 31st October, 2022 after which he joined the International Monetary Fund as IMF ED India Designate.

Dr. Krishnamurthy Subramanian is the Former Chief Economic Advisor to the Government of India. A PhD from Chicago-Booth and a top-ranking IIT-IIM alumnus, Krishnamurthy Subramanian is one of the world’s leading experts in banking, corporate governance and economic policy.

He holds a PhD from the University of Chicago Booth School of Business. His research 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.

Subramanian is a sought-after speaker and media source. He regularly appears as an expert commentator and is a featured columnist with The Economic Times and Mint and penned the Reasonomics column for The Financial Express.

Before beginning his academic career, Subramanian worked as a consultant with JPMorgan Chase in New York. He also served in a management role in the elite derivatives research group at ICICI Ltd., which at the time was India’s top project financing institution and one of the most sought-after recruiters in top Indian business schools.

Because of his work in shaping the Indian banking sector and other path-breaking research with a significant societal impact, Subramanian was named ISB’s inaugural Alumni Endowment Research Fellow in 2014.

Even while still earning his MBA and PhD, he produced award-winning work. Subramanian’s PhD dissertation earned the Ewing Marion Kauffman Foundation Dissertation Fellowship, which recognizes the top 15 PhD dissertations across all disciplines every year. While earning his MBA at the Indian Institute of Management in Calcutta, he was named to the Honour Roll of the Institute for being a top ranker in the batch and was awarded the Institute’s coveted medal for the most balanced outlook to business problems. He holds a bachelor’s degree in electrical engineering from the Indian Institute of Technology in Kanpur, one of India’s leading engineering schools.

In previous academic roles, Subramanian served on the finance faculty at Goizueta Business School at Emory University in the United States. He obtained his MBA and PhD in Financial Economics at the University of Chicago Booth School of Business under the advice of Professor Luigi Zingales and Professor Raghuram Rajan. His own students and research associates have gone on to join the world’s top PhD programs, including Chicago Booth, MIT Sloan, Kellogg, Berkeley, London Business School, Duke and Emory universities.