Yaga V. Reddy
YAGA V. REDDY has been governor, Reserve Bank of India since 2003. Before this, he was executive director
for India, Sri Lanka, Bangladesh and Bhutan at the International Monetary Fund (IMF). He has held several
positions in the Government of Andra Pradesh, including principal secretary and secretary of the Finance,
Planning and Public Enterprise Departments; collector and district magistrate; and deputy secretary. He was
secretary, Ministry of Finance and additional secretary in the Ministry of Commerce with the Government of
India. He has also served as advisor to the executive director at the World Bank. He joined the Reserve Bank
of India as deputy governor in 1996, where his responsibilities included monetary policy, public debt, exchange
rate and external investments, economic analysis and policy, and government accounts. He is chairman of the
Standing Committee on International Standards and Codes and a member of the National Statistical Commission.
He is visiting professor at Osmania University, Hyderabad, a visiting member of faculty at the Administrative
Staff College of India, and a visiting fellow, London School of Economics and Political Science, UK. He has
written numerous publications and books, and been awarded doctor of letters (honoris causa) by Sri
Ventakeswara University, India. He has a master’s degree from Madras University, India, and a doctoral degree
from Osmania University. He holds a diploma in economic planning from Institute of Social Studies (ISS),
the Netherlands.
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