ISB forms panel to review Krishnamurthy Subramanian’s role after early IMF exit: Report
Hyderabad: The Indian School of Business (ISB) has constituted a committee to evaluate the role of Krishnamurthy Subramanian, who serves as a professor of finance at its Hyderabad campus, Mint reported.
The development follows the government’s decision to end Subramanian’s term as Executive Director (India) at the International Monetary Fund (IMF) six months ahead of schedule.
According to the report, ISB's executive board has referred the matter to a review panel to determine whether Subramanian, who is currently on leave until November, should continue in his faculty position.
In a statement to Mint, ISB said it “is committed to the integrity of its staff and faculty.”
Earlier this month, the government terminated Subramanian’s tenure at the IMF without disclosing the reason.
The move came shortly before a key IMF Board review of financial assistance extended to Pakistan.
While no official explanation was provided, media reports indicated that some IMF officials were displeased with Subramanian’s persistent questioning of the credibility of the organisation’s datasets.
Reports also pointed to “potential impropriety” in the manner in which Subramanian promoted his book, India@100: Envisioning Tomorrow’s Economic Powerhouse, during his tenure.
Subramanian has not yet commented on the matter.
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