Raghuram Rajan Engineer MBA
One of the key man driving one of the world’s largest economies. Presented here are 10 things you must know about him from education personal life to business affairs. He is definatelt role model and icon of many.
1 Raghuram Rajan has been often called the ‘James Bond’ of world economy
Raghuram Govind Rajan (born 3 February 1963) is the current and the 23rd Governor of the Reserve Bank of India, having taken charge of India’s central banking institution on 4 September 2013, and succeeding Duvvuri Subbarao. Rajan was chief economic adviser to India’s Ministry of Finance during the previous year and chief economist at the International Monetary Fund from 2003 to 2007. He is on leave of absence as a professor of finance at the graduate business school at the University of Chicago
2. Academic profile to make anyone jealous and everyone salute him.
Raghuram Rajan, IIM Ahmedabad PGP 1987; he was a gold medalist at IIM Ahmedabad. Remembered a bright with high dreams by batch mates. Coincidently he was gold medalist in his engineering too at IIT Delhi. He is alumni of Delhi Public School, RK puram.
3. Rajan made 2 states much before Chetan Bhagat completed his engineering
Raghuram Rajan is married to Radhika Puri, a classmate from IIM Ahmedabad, who is now a Lecturer in Law at University of Chicago Law School. They have a daughter and a son. His brother Mukund Rajan is the Brand Custodian and Chief Ethics Officer of Tata Sons3
4 He Is Always Ahead Of The Markets And Is A Forward Thinker Who Thinks Outside The Box
Rajan first came into limelight when he successfully predicted the recession beforehand in 2005. In his book titled ‘Fault Lines’, Rajan broke down how recession would affect the economies worldwide and the exact same sequence unfolded later on, and made him one of the analysts who were close to understanding the bubble.
5 Raghuram Rajan Is Revered All Over The World As One Of The Best Financial Analyst
His CV is so immaculate that even the sharpest minds envy his achievements. He is an IIT graduate with an MBA from IIM-A (Gold Medalist) and a PhD in management from the Massachusetts Institute Of Technology. Rajan was also the youngest ever chief economist at IMF, and has been considered for the Nobel Prize in economics more than once. He is undoubtedly one of the best financial and economic analysts in the world right now.
6. He Does Not Succumb To The Pressures Of The Government
Rajan does what he thinks best for the economy and does not succumb to the external pressures of the government. His policies are governed by India’s economic scenario and not by the whims and fancies of ‘Babus’ in the government.
7. He Has Been Instrumental In Bringing Indian Economy Back On The Growth Trajectory
He is often credited with bringing the rupee back to its acceptable level against the dollar. After coming to power, Rajan quickly took care of various loopholes in the system and also brought about the banking revolution in the country which will be a major boost for the economy in future.
8. People Listen To Rajan Because He Is A Straight Talker
He has been in a lot of controversies but that hasn’t prevented the RBI governor to speak his mind. From revealing his reservations about the ‘Make In India’ campaign to taking some serious jibes at the government, Rajan often makes sense because his opinions are followed by definite facts and logic. That is precisely why people take notice when he raises his voice against certain issues.
9. Rajan Has An Eye For Detail
Rajan made minute changes in the working of the RBI because according to him the organization was working ineffectively and needed some fine-tuning. He has often emphasized on the value of doing small things right in order to take care of the bigger economic questions which haunt India today. From shielding India from the effects of US Federal rate cuts to the stabilization of the rupee, his minute work has reaped immense benefits.
10. He Came Back To Work For India Despite Good Offers From Other International Organizations
He left his job as a professor in the World Bank and from the US Federal Reserve Board to come back to India and work for his country. He has been often pegged to take over the top job at the IMF in 2016, but till now, he has refused to work anywhere outside India. This speaks volumes about his resolve to make the Indian economy stronger in the long run.