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Home>Reserve Bank of India Appoints MBA Professor as Governor: MBA News
Reserve Bank of India Appoints MBA Professor as Governor: MBA News
Reserve Bank of India Appoints MBA Professor as Governor: MBA News main image
Raghuram Rajan, a finance professor at Chicago Booth, has been handed the most senior banking position with India’s central bank.
It is an appointment that Rajan will not take lightly, saying in a statement released by Chicago Booth, “The job of governor is one of great responsibility.”
Rajan, an MBA alumnus of the Indian Institute of Management in Ahmedabad, has been attached to Chicago’s Booth School of Business since 1991. As part of their MBA program, his most recent course has dealt with international corporate finance.
However, since 2008 Rajan has been combining his full-time teaching duties at Chicago Booth with consultancy work for the Indian government – first as an honorary economic adviser to Indian Prime Minister, Manmohan Singh, and then as chief economic adviser to the Indian Government.
His appointment to the Reserve Bank of India therefore is just the latest example of his ongoing commitment to the economic fortunes of the country of his birth.
New Reserve Bank of India Governor Pays Tribute to Chicago Booth
As he prepares to take up the position from September, Rajan said, “I am extremely grateful to Chicago Booth and the University for being so supportive of its faculty when they undertake public service”, he said. The post of Governor of the Reserve Bank of India is typically a five year post and he will be on leave from Chicago Booth for the duration.
However, Chicago Booth looks forward to the return of not only a popular professor, but also one who is steeped in accolades, such as the Deutsche Bank Prize in Financial Economics 2013.
“We at Chicago Booth are very proud that one of our preeminent scholars is going to lead the central bank of a major country, and we believe this will be good for India. In turn, his experience in India will be extremely valuable to his research and his teaching when he returns,” said Booth Dean, Sunil Kumar, in the release announcing Rajan’s appointment.
Reserve Bank of India Appoints MBA Professor as Governor: MBA News
By QS Contributor
Updated UpdatedRaghuram Rajan, a finance professor at Chicago Booth, has been handed the most senior banking position with India’s central bank.
It is an appointment that Rajan will not take lightly, saying in a statement released by Chicago Booth, “The job of governor is one of great responsibility.”
Rajan, an MBA alumnus of the Indian Institute of Management in Ahmedabad, has been attached to Chicago’s Booth School of Business since 1991. As part of their MBA program, his most recent course has dealt with international corporate finance.
However, since 2008 Rajan has been combining his full-time teaching duties at Chicago Booth with consultancy work for the Indian government – first as an honorary economic adviser to Indian Prime Minister, Manmohan Singh, and then as chief economic adviser to the Indian Government.
His appointment to the Reserve Bank of India therefore is just the latest example of his ongoing commitment to the economic fortunes of the country of his birth.
New Reserve Bank of India Governor Pays Tribute to Chicago Booth
As he prepares to take up the position from September, Rajan said, “I am extremely grateful to Chicago Booth and the University for being so supportive of its faculty when they undertake public service”, he said. The post of Governor of the Reserve Bank of India is typically a five year post and he will be on leave from Chicago Booth for the duration.
However, Chicago Booth looks forward to the return of not only a popular professor, but also one who is steeped in accolades, such as the Deutsche Bank Prize in Financial Economics 2013.
“We at Chicago Booth are very proud that one of our preeminent scholars is going to lead the central bank of a major country, and we believe this will be good for India. In turn, his experience in India will be extremely valuable to his research and his teaching when he returns,” said Booth Dean, Sunil Kumar, in the release announcing Rajan’s appointment.
Learn more about Chicago Booth ›
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