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Sunday 10 January 2016

Raghuram Rajan Conferred Central Banker of the Year Award

RBI Governor Raghuram Rajan has been conferred with the Central Banker of the Year Award (Global and Asia Pacific) for year 2016. The award was conferred upon him by the The Banker, a monthly publication of Financial Times Group. This award recognises the officials and bankers who have best managed to stimulate growth and stabilise their country’s economy.

About Raghuram Rajan  :
  • Raghuram Rajan who is the 23rd Governor of RBI had taken charge in September 2013.
  • Prior to becoming RBI Governor, he was chief economic adviser (CEA) to Union Ministry of Finance in 2013. 
  • Raghuram Rajan was chief economist at the International Monetary Fund (IMF) from 2003 to 2007. 
  • He was also professor of finance at the graduate business school at the University of Chicago.
Some other awards conferred upon Raghuram Rajan :
  • Governor of the Year: In January, 2015  British magazine Central Banking, named Rajan as the ‘Governor of the Year'.
  • Best Central Bank Governor award: In October, 2014, Rajan was conferred with the Best Central Bank Governor award for 2014 by Euromoney magazine. 
  • Deutsche Bank Prize: In September, 2013, Rajan was awarded awarded the Fifth Deutsche Bank Prize for Financial Economics 2013.  He was conferred with the award in recognition of his research work which influenced financial and macro-economic policies around the world.
  • Fischer Black Prize: Raghuram Rajan won the Fischer Black Prize in 2003. The prize, established in 2002, honours individual financial research. It is awarded for a body of work that exemplifies developing original research that is relevant to finance practice.
Book Authored : Rajan’s book How Hidden Cracks Still Threaten the World Economy won the Financial Times Business Book of the Year award in 2010.

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