Y. Venugopal Reddy
| Yaga Venugopal Reddy | |
|---|---|
| 21st Governor of Reserve Bank of India | |
|
In office 6 September 2003 – 5 September 2008 |
|
| Preceded by | Bimal Jalan |
| Succeeded by | Duvvuri Subbarao |
| Personal details | |
| Born |
17 August 1941 Kadapa, YSR District, Andhra Pradesh,India |
| Nationality | Indian |
| Alma mater |
Madras University Osmania University |
| Occupation | Civil servant |
| Website | www.yvreddy.com |
Dr. Yaga Venugopal Reddy, better known as Y. V. Reddy (born 17 August 1941) is an Indian Administrative Service (IAS) officer of the 1964 batch who served as Governor of the Reserve Bank of India (RBI) (India's central bank) from 6 September 2003 until 5 September 2008.
In 2010, he was awarded India's second highest civilian honour, the Padma Vibhushan.
Reddy received his M.A. in economics from Madras University, India. He holds a PhD from Osmania University, Hyderabad. He also holds a Diploma in Economic Planning from the Institute of Social Studies, Netherlands.
Reddy was awarded Doctor of Letters (Honoris Causa) by Sri Venkateswara University, India; and Doctor of Civil Law (Honoris Causa) by the University of Mauritius.
On 17 July 2008 Reddy was made an Honorary Fellow of the London School of Economics.
Dr Y.V.Reddy former Governor of RBI and chairman of 14th Finance commission,did his matriculation in Bellary, Karnataka.
Dr. Y.V Reddy also serving and guiding student as an emeritus prefessor in School of Economics, University of Hyderabad.
Venugopal Reddy was appointed the twenty-first Governor of the Reserve Bank of India on 6 September 2003 and served in that position for five years.
In 1996, Reddy had been appointed deputy governor of RBI. He has also worked with the International Monetary Fund as Executive Director in 2002. Prior to joining the IAS, he worked as a lecturer from 1961.
Reddy was Chairman of the Bank for International Settlements, Asian Consultative Council (ACC) for a term of two years from March 2007. He was the Chairperson of SAARCFINANCE, a Group of Governors of the central banks of SAARC member countries. He has held the positions of Secretary (Banking) in Ministry of Finance and Principal Secretary in Government of Andhra Pradesh and has worked with the governments of China, Bahrain, Ethiopia and Tanzania. He has been a Visiting Fellow, London School of Economics, a full-time UGC Visiting Professor in Department of Business Management, Osmania University; full-time Visiting Faculty, Administrative Staff College of India and continues to be the Honorary Senior Fellow at Centre for Economic and Social Studies at Hyderabad. Reddy was also Distinguished Professor of the Indian Institute of Technology Madras. Reddy was Member of The Commission of Experts of the President of the UN General Assembly on Reforms of International Monetary and Financial System. In addition to the Chair, Professor Joseph Stiglitz (USA), members of this UN Commission were drawn from Japan, Western Europe, Africa, Latin America, South and East Asia. Reddy was President of The Indian Econometric Society during 2011. Reddy was on the Advisory Board of Institute for New Economic Thinking (INET). The INET advisory board includes Nobel laureates as well as other prominent economists. Reddy was on International Advisory Board of the Columbia Program on Indian Economic Policies, Columbia University, New York. He was a Member of an informal international group of prominent persons on International Monetary Reforms. He was also on Advisory Group of eminent persons to advise the Finance Minister of India on G-20 issues. Reddy was elected as Conference President of the Indian Economic Association (IEA) for the year 2014.
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