Subir Gokarn
Subir Vithal Gokarn | |
|---|---|
| Born | October 3, 1959 |
| Died | July 30, 2019 (aged 59) |
| Occupation | Economist |
| Known for | Deputy Governor of the Reserve Bank of India |
Subir Vithal Gokarn (3 October 1959 – 30 July 2019) held the position of one of the four Deputy Governors at the Reserve Bank of India (RBI) from 24 November 2009 until January 2013, when Urjit Patel took over his role. His appointment by the Government of India was for a three-year duration, succeeding Rakesh Mohan who left to pursue a role at Stanford University.
Prior to his tenure at RBI, Dr. Gokarn served as Chief Economist for Standard and Poor's Asia-Pacific starting August 2007. He led CRISIL's Research and Information division and acted as a nominee Board Member for the State Bank Of India. At age 49, he was among the youngest individuals to serve as Deputy Governor in RBI's history. His responsibilities included oversight of Monetary Policy, Statistics and Information Management, Economic Analysis and Policy, Credit Guarantee Corporation, Communication, and Deposit Insurance departments. He also represented the RBI in the G-20 Deputies’ forum.
After completing his service at RBI, Subir Gokarn assumed the role of Director of Research and Senior Fellow at Brookings India, an autonomous think tank. He died on 30 July 2019.
Education
Dr. Gokarn completed his B.A. (Hons.) in Economics from St. Xavier's College, Mumbai in 1979 and obtained an M.A. in Economics from the Delhi School of Economics in 1981. Following two years at the Bureau of Industrial Costs and Prices, he earned a Ph.D. in Economics from Case Western Reserve University, USA, in 1989. A Fulbright Scholar, he spent an academic year at Yale University's Economic Growth Centre under a Fulbright Research Fellowship in 1997.
Past Appointments
Before joining CRISIL, Dr. Gokarn was Associate Professor at the Indira Gandhi Institute of Development Research (IGIDR), Mumbai, and later Chief Economist and IFCI Chair at the National Council of Applied Economic Research (NCAER), New Delhi. He served as Chief Economist and Executive Director at CRISIL Ltd. until August 2007, followed by his position as Chief Economist for Standard and Poor's Asia Pacific—after S&P acquired a majority stake in CRISIL in 2005—until his RBI appointment in 2009. He has been a board member for Global Data Services of India Ltd, EconoMatters Ltd, and CRISIL MarketWire Ltd. Furthermore, he chaired the Economic Affairs Committee of ASSOCHAM.