Cyber Monday Sale! 50% Off All Access

B V R Subrahmanyam To Be New NITI Aayog CEO Subrahmanyam will take over from current CEO Parameswaran Iyer who will join World Bank as executive director in Washington DC

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

UPSC Civil Services Exam Twitter handle

Former Commerce Secretary BVR Subrahmanyam on Monday appointed as the new chief executive officer (CEO) of NITI Aayog for two years. Subrahmanyam will take over from current CEO Parameswaran Iyer who will join World Bank as executive director in Washington DC.

BVR Subrahmanyam belongs to Andhra Pradesh. He is a 1987-batch IAS officer with an engineering degree. e is former Principal Secretary Finance department of the Union territory of Jammu and Kashmir. BVR Subrahmanyam is known for his role in conflict zone administration in the state. During his year-long stint at the department of commerce, Subrahmanyam played a key role in strategising the road map to a record $422 billion merchandise exports, as the economy struggled to get out of the post-Covid slump last year.

As per a Personnel Ministry order, the Appointments Committee of the Cabinet has approved Subrahmanyam's appointment for a period of two years from the date of assumption of the charge of the post.

Also, Iyer, who was working as Niti Aayog CEO, has been appointed as Executive Director, World Bank headquarters, Washington DC, USA for a tenure of three years. He will be replacing Rajesh Khullar, a 1988-batch IAS officer, who has been repatriated to his cadre state Haryana, the order further stated. Iyer, a 1981-batch IAS officer of Uttar Pradesh cadre, was appointed as CEO of NITI Aayog for three years in 2022.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Business News

'Something Previously Impossible': New AI Makes 3D Worlds Out of a Single Image

The new technology allows viewers to explore two-dimensional images in 3D.

Growing a Business

Her Restaurant Business Is Worth $100 Million — Here's Her Unconventional Advice for Aspiring Entrepreneurs

Pinky Cole, founder of Slutty Vegan, talks about going from TV producer to restaurant owner, leaning into failure and the value of good PR.

Business News

Elon Musk Still Isn't Getting His Historically High Pay as CEO of Tesla — Here's Why

A second shareholder vote wasn't enough to convince Delaware judge Kathaleen McCormick.

Legal

How Do You Stop Porch Pirates From Stealing Christmas? These Top Tips Will Help Secure Your Deliveries.

Over 100 million packages were stolen last year. Here are top tips to make sure your stuff doesn't get swiped.

Data & Recovery

Ditch Fees With Lifetime Cloud Storage at Cyber Week's Lowest Price

Would you rather pay monthly or once and be covered for life?

Fundraising

They Turned Down an Early Pay Day to Maintain Control of Their Business. And Then Went on to Raise $190 Million.

Jason Yeh, co-founder and General Partner of Patron, explains the early-stage venture firm's creation and future outlook.