Yaga Venugopal REDDY (Board Member, 2015-present)

Yaga Venugopal Reddy, India, was the Chairman of the Fourteenth Finance Commission of India from 1st February 2013 to 31st December 2014, a Constitutional body with the rank of Union Cabinet Minister. During 2008-13, he has been active in academic arena, and was associated with University of Hyderabad, Indian Institute of Technology (Madras), and Columbia University (New York). During September 2003 – September 2008, he was Governor of the Reserve Bank of India (India’s Central Bank). In 2010, he was awarded India’s second highest civilian honour, the Padma Vibhushan. On 17 July 2008, he was made an Honorary Fellow of the London School of Economics. He was awarded Honoris Causa by University of Mauritius. He served as a member of the United Nation’s Commission of Experts on Reforms of the International Monetary and Financial System. He was also on the Advisory Board of Institute for New Economic Thinking (INET). Prior to being appointed as Governor of the Reserve Bank of India, he had served as Executive Director, International Monetary Fund; as Secretary, Government of India; and Principal Secretary, Government of Andhra Pradesh. Dr. Reddy was the Conference President of the 97th Annual Conference of the Indian Economic Association, in 2014. Earlier he was President of Indian Econometric Society.

He has written extensively on economic issues – particularly relating to fiscal policy, central banking, and the global crisis. His most recent publications include:


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