Yaga Venugopal Reddy (Dr. Y.V. Reddy) was Governor, Reserve Bank of India, from 2003 to 2008. Subsequently, he was Member of the UN Commission of Experts to the President of the UN General Assembly on Reforms of International Monetary and Financial System.
Dr. Reddy is currently Professor Emeritus, University of Hyderabad. He is also Honorary Fellow of the London School of Economics and Political Science.
Dr. Reddy is on the Advisory Board of Institute for New Economic Thinking (INET) and is also on International Advisory Board of the Columbia Program on Indian Economic Policies, Columbia University, New York. He is a Member of an informal international group of prominent persons on International Monetary Reforms, and is also on the Advisory Group of eminent persons to advise the Finance Minister of India on G-20 issues.
Prior to being the Governor, he was Executive Director for India, Sri Lanka, Bangladesh and Bhutan at the International Monetary Fund since August 2002. Prior to this, he was Deputy Governor, Reserve Bank of India, for six years. Formerly, he was Secretary, Ministry of Finance, and Additional Secretary, Ministry of Commerce in the Government of India. He served Government of Andhra Pradesh, India in several capacities including Principal Secretary and Secretary – Finance and Planning, Collector and District Magistrate etc. He was also advisor in World Bank.
Dr. Reddy was honoured with the Padma Vibhushan Award in 2010.
His book “India and the Global Financial Crisis : Managing Money and Finance” was among the best sellers in India (Orient Blackswan 2009). His most recent publication is titled “Global Crisis, Recession and Uneven Recovery” (Orient Blackswan, 2011).