Advisory Board

Jagdish Bhagwati (Chair)

University Professor in Economics and Law, Columbia University

Jagdish Bhagwati is University Professor at Columbia University and Senior Fellow in International Economics at the Council on Foreign Relations. He has been Economic Policy Adviser to Arthur Dunkel, Director General of GATT (1991-93), Special Adviser to the UN on Globalization, and External Adviser to the WTO. He has served on the Expert Group appointed by the Director General of the WTO on the Future of the WTO and the Advisory Committee to Secretary General Kofi Annan on the NEPAD process in Africa, and was also a member of the Eminent Persons Group under the chairmanship of President Fernando Henrique Cardoso on the future of UNCTAD.

Shankar Acharya

Former Chief Economist, Government of India

Dr. Acharya serves on the Board of Governors at the Indian Council for Research on International Economic Relations (ICRIER) and the National Institute of Public Finance and Policy. He is a member of the National Security Advisory Board, and a member of the RBI's Advisory Committee on Monetary Policy. He is non-executive Chairman of Kotak Mahindra Bank Ltd. Dr. Acharya worked in the World Bank from 1971 to 1982 and held several senior positions including Director, World Development Report, 1979 and Research Adviser to the World Bank (1979 to 1982). He joined the Finance Ministry in February 1985 as Economic Adviser and served in that capacity till July 1990 when became Senior Adviser and Additional Secretary.

Preeta Bansal

General Counsel, OMB

Ms. Bansal is a member and past chair of the United States Commission on International Religious Freedom (USCIRF), former Solicitor General of the State of New York during Attorney General Eliot Spitzer's first term. On January 19, 2009, the Obama transition announced that Bansal had been chosen to serve at the Office of Management and Budget as General Counsel and Senior Policy Adviser. Prior to her association with the Obama campaign, Bansal was a law partner at Skadden, Arps, Slate, Meagher & Flom. Following private practice in Washington, D.C., Bansal worked in the Clinton Administration from 1993 to 1996 as a Counselor in the U.S. Department of Justice and as a White House Special Counsel. At the Justice Department, she assisted Joel Klein, Assistant Attorney General for the Antitrust Division, on United States v. Microsoft and other matters.

Sanjiv Das

President and CEO, CitiMortgage

Sanjiv Das is president and chief executive officer of CitiMortgage. Having had an eight-year stint with it in the 1990's, he returned to Citi in July 2008. His past roles included being head of the Global Mortgage Product Group and managing director of Marketing and Product Development at CitiMortgage. He was also general manager of Citibank's Consumer Mortgage Group in Australia and spent time in Citi's Cards operation. Mr. Das holds a BS in Mathematics from the University of Delhi and an MBA in Marketing and Finance from the Indian Institute of Management at Ahmedabad.


Vijay Kelkar

Chair, National Stock Exchange(Chair, 13th Finance Commission)

Dr. Kelkar served as the Chairman of the Board of the Forum of Federations. Dr. Kelkar. He has held senior positions in India's public service, with international organizations and in the private sector. Since Jan. 1, 2008 he has been the Finance Commission Chairman, in the rank of a Union Cabinet Minister. Other key posts he has held include that of Advisor to the Minister of Finance, Government of India in the rank of a Minister of State, from August, 2002 to September, 2004; Finance Secretary, Government of India, 1998-1999; Chairman, Tariff Commission, Government of India, 1997-1998; Secretary, Ministry of Petroleum & Natural Gas, Government of India, 1994-1997.Dr. Kelkar was Executive Director at the International Monetary Fund for India, Sri Lanka, Bangladesh and Bhutan from 1999-2002; and Director & Coordinator, International Trade Division of the United Nations Conference on Trade and Development, Geneva, Switzerland, 1991-1994.

Rajeev B. Lall

Managing Director and CEO, IDFC

Dr. Rajiv B. Lall is the Managing Director and Chief Executive Officer of IDFC. He has held this post since January 2005. Dr. Lall has over two decades of experience with leading global investment banks, multilateral agencies and in academia. His areas of expertise include project finance, private equity/ venture capital, international capital markets, trade and macroeconomic policy issues with a focus on India and China. Prior to joining IDFC, Dr. Lall was variously, a Partner with Warburg Pincus in New York, Head of Asian Economic Research, with Morgan Stanley Asia Limited, and Economist with the World Bank, Washington DC and the Asian Development Bank (ADB), Manila, Philippines and a member faculty of Florida Atlantic University. Dr. Lall has a BA in Politics, Philosophy and Economics from Oxford University and a Ph.D. in Economics from Columbia University.

Sreedhar Menon

Former Executive Vice President, American Express

Mr. Sreedhara Menon serves as Non-Executive Independent Director of United Spirits Ltd. He is the Chairman of the Board and Strategic Advisor of VITEOS Capital Market Services Limited, a business Process Outsourcing Company in India with a Sister Company located at Piscataway, New Jersey, U.S.A. Mr. Menon has previously held senior positions as Deputy President and Member of the Board of Directors of American Express Bank Limited, Chairman of the Board of Directors of American Express Bank International, Managing Director, Emerging Markets Group at Lehman Brothers Inc., New York and General Partner and Vice Chairman of RRE Ventures, LLC. Mr. Menon has served; as a Member of the Board of Directors of U.S.-India Business Council, Asean-U.S. Business Council, President of the India- America Chamber of Commerce in New York, etc. Mr. Menon holds Masters Degree in Economics from Maharaja's College of the University of Kerala, India. He resides in Short Hills, New Jersey, U.S.A. His Other Directorships includes: Viteos Capital Markets Services Limited, Viteos Fund Services Limited. He is a Member of the Audit Committee of the Company.

Rakesh Mohan

Former Deputy Governor, Reserve Bank of India (currently, Professor, Yale University)

Dr. Rakesh Mohan is the Professor in the Practice of International Economics of Finance, School of Management, and Senior Fellow, Jackson Institute of Global Affairs, Yale University from July 2010. He teaches every Fall Semester there. He is also Non Resident Senior Research Fellow of Stanford Centre for International Development, Stanford University Stanford.

Jay Panda

Member of Parliament (Lok Sabha), India

Baijayant "Jay" Panda was elected to the Lower House of the Parliament (called Lok Sabha in Hindi) from Orissa in May 2009 an belongs to the Biju Janata Dal party. Earlier he had been elected to the Upper House (Rajya Sabha) of the Parliament first in 2000 and then in 2006. Panda represents the new face of Indian politicians, several of whom have been educated abroad and have had other careers before joining politics. He graduated from the Michigan Technological University and, with a background in Engineering and Management, worked in the corporate sector before joining politics. As a parliamentarian, Panda has been a member of many important committees including the important Parliamentary Committees on Energy, Urban Development and Finance. He also belongs to the India-USA Forum of Parliamentarians, which he chaired in the past.

Hardeep Puri

Permanent representative of India to the United Nations

Ambasador Hardeep S. Puri is India's Permanent Representative to the United Nations. Ambassaror Puri has had an extensive career in the diplomatic and multilateral arena. He joined the Indian Foreign Service in 1974. Since then he has held numerous diplomatic posts in Japan, Sri Lanka, United Kingdom and is presently the Ambassador and Permanent Representative of India to the United Nations in Geneva. Between 1988 and 1991 he joined the UNDP as the Coordinator of the Project for Technical Assistance for Developing Countries in Asia and Pacific for Uruguay Round of Multilateral Trade Negotiations. Mr. Puri has also wide-ranging experience as a member as well as a Chairman of numerous dispute settlement committees in the GATT and WTO context.

Y. V. Reddy

Former Governor, Reserve Bank of India

Dr. Reddy was appointed the twenty-first Governor of the Reserve Bank of India on 6 September 2003 after having served as deputy governor since 1996. He has also worked with the International Monetary Fund as Executive Director. Reddy has served as the Chairman of the Bank for International Settlements, Asian Consultative Council (ACC), the Chairperson of SAARCFINANCE, a Group of Governors of the central banks of SAARC member countries, Secretary of 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 and Political Science, 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 previously Deputy Governor of the RBI for 6 years and was succeeded by Dr. Rakesh Mohan

N. K. Singh

Member of Parliament, India

Nand Kishore Singh, known to his friends as NK, was elected to the Upper House (Rajya Sabha) of the Indian Parliament in April 2008. He has also served as the Deputy Chairman, Bihar Panning Commission since May 2006. In the past, he has been Member, Planning Commission of India. NK has chaired numerous committees and taskforces that played important role in bringing about policy change crucial to inclusive growth in India. These include the National Taskforce on Power Sector Investment, Steering Group on Energy and Transport Policy, Inter-Ministerial Steering Group on Foreign Direct Investment, Steering Group on Financial Resources and Management, Inter-Ministerial Group on Tax Policy and Group on Infrastructure Policy. From August 1998 to April 2001, NK was Secretary to the then Prime Minister and played the role of his main advisor on economic issues.

T. N. Srinivasan

Professor of Economics, Yale

Dr. Srinivasan is a Professor of Economics at Yale University, formerly a Professor, and later Research Professor, at the Indian Statistical Institute, Delhi (1964-1977), he has taught at numerous universities in the US. His research interests include theory of lobbying and rent-seeking; non-market contractual arrangements; multilateral trading system and developing countries; and regionalism and multilateralism. His lectures on international trade, economic development, and economic theory. He is a Fellow of the American Philosophical Society, the Econometric Society and the American Academy of Arts and Sciences, and a Foreign Associate of the National Academy of Sciences. He was named Distinguished Fellow of the American Economic Association in 2003 and was awarded the Padma Bhushan, the third highest civilian award of the Government of India.

Suresh D. Tendulkar

Professor, Delhi School

Suresh D. Tendulkar is professor of economics at the Delhi School of Economics, University of Delhi, India, where he is also executive director of the Center for Development Economics. He was head of the department of economics (1986-89) and director of the school (1995-98). Before joining the Delhi School, he taught at the Delhi Center of the Indian Statistical Institute (1968-78). He has written extensively on Indian development issues and policies, including those on liberalization and globalization. He has been closely associated with the Indian Statistical System including the National Sample Survey Organization and the Advisory Committee on National Accounts of which he is currently the chairperson. He was also part-time member of the National Statistical Commission (2000-01), the first Disinvestment Commission (1996-99), and the Fifth Central Pay Commission (1994-97) appointed by the government of India.

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