Dr. Y. V. Reddy

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Dr. Y. V. Reddy is a man who needs no introduction. His name is synonymous with the various reforms and policies in the financial market. He is one of the most celebrated economists in India, an Indian Administrative Services top ranker, a successful bureaucrat and the former deputy governor and governor of the Reserve Bank of India (RBI). In 2010, he was awarded India’s second highest civilian honour, the Padma Vibhushan.

As RBI Chief from 2003 to 2008, Dr. Reddy oversaw a period of high growth, low inflation and a build-up of foreign exchange reserves coupled with a steady rupee and a robust central banking system that withstood the global financial crisis.

Subsequently, he was a Member of the UN Commission of Experts to the President of the UN General Assembly on Reforms of the International Monetary and Financial System. He was also the Chairman of the Fourteenth Finance Commission in 2013-14. Previously, he worked in the Government of India as Secretary in the Ministry of Finance, and in the Government of Andhra Pradesh as Principal Secretary.  He is also Honorary Fellow of the London School of Economics and Political Science.

Prior to being Governor, Dr. Reddy was Executive Director for India, Sri Lanka, Bangladesh and Bhutan at the International Monetary Fund from August 2002. Before this, he was Deputy Governor at the Reserve Bank of India for six years. He has also served as Secretary, Ministry of Finance, and Additional Secretary, Ministry of Commerce in the Government of India. He has also been an advisor to the World Bank.

Hailing from the Kadapa district of Andhra Pradesh, Dr. Reddy’s life has been an inspiring journey of personal triumphs and a fascinating professional career. Preceded by his autobiography My Reflections or Naa Gnapakalu, written in Telugu, his latest book, Advice & Dissent — My Life in Policy Making throws immense light on Dr. Reddy’s personality as an economist, the ideas behind various policy initiatives and is an excellent narrative on the key economic reforms.

His talk will be titled as “Financial Sector Reforms in India: In Perspective”.