Research Advisory Council

CAFRAL has set up a Research Advisory Council (RAC) to advise the research roadmap and set the high standards quality and relevant research.

The role of the RAC is to advise the Governing Council on the following:
  • Research agenda plan and execution
  • Best practices for collaborative and in-house research to be able to ensure high quality and relevant research
  • Any other matters referred to it by the Governing Council

Dr. Raghuram G Rajan
Dr. Raghuram G Rajan
Former Governor, Reserve Bank of India

Dr. Raghuram Rajan is took charge as the 23rd Governor of the Reserve Bank of India on September 5, 2013. Prior to that, he was the Chief Economic Advisor, Ministry of Finance, Government of India and the Eric J. Gleacher Distinguished...

Dr. Viral Acharya
Dr. Viral Acharya
Deputy Governor, Reserve Bank of India

Viral V. Acharya is Deputy Governor at the Reserve Bank of India (RBI) in charge of Monetary Policy, Financial Markets Operations and Regulation, and Research and Statistics with effect from 20th January 2017. Prior to joining the RBI, he was...

Dr. Jin-Chuan Duan
Dr. Jin-Chuan Duan
Cycle & Carriage Professor of Finance, NUS Business School, National University of Singapore, Singapore

Dr. Duan is the former Director of the Risk Management Institute and Cycle & Carriage Professor of Finance at the National University of Singapore. He holds a PhD in Finance from School of Business, University of Wisconsin-Madison. 

Duan's research...

Ms. Shyamala Gopinath
Ms. Shyamala Gopinath
Chairperson, Clearing Corporation of India Ltd. (CCIL)

Ms. Shyamala Gopinath, is former RBI Deputy Governor, and currently serves as the chairperson of Clearing Corporation of India Ltd (CCIL). She has been involved for over 39 years in the financial sector and policy formulation in different capacities at...

Ms. Chanda Kochhar
Ms. Chanda Kochhar
Managing Director & CEO, ICICI Bank, India

Ms. Chanda Kochhar is the Managing Director & CEO of ICICI Bank Limited. She started her career with ICICI in 1984 and has over the years led the bank's retail, corporate and international businesses, and has also served as its...

Mr. Uday Kotak
Mr. Uday Kotak
Executive Vice-President & Managing Director, Kotak Mahindra Bank, India

Uday Kotak is the Executive Vice-Chairman and Managing Director of the Kotak Mahindra Bank, and its principal founder and promoter. He is an alumnus of Jamnalal Bajaj Institute of Management Studies.

Among the many awards to Uday's credit are the CNBC...

Dr. Nachiket Mor
Dr. Nachiket Mor
Chairman of Board, Sughavazhvu Health Care, India

Dr. Nachiket Mor is a Yale World Fellow; has a PhD in Economics from the University of Pennsylvania with a specialisation in Finance from the Wharton School; an MBA from the Indian Institute of Management (IIM), Ahmedabad; and an undergraduate...

Ms. Roopa Kudva
Ms. Roopa Kudva
Former Managing Director & CEO, CRISIL, India

Roopa Kudva is the Former Managing Director & CEO of CRISIL, the leading provider of credit ratings in India and a subsidiary of Standard & Poor’s. She has more than two decades of global experience across sectors in India, Middle-East,...

Dr. Manju Puri
Dr. Manju Puri
J. B. Fuqua Professor of Finance, Fuqua School of Business, Duke University, Durham, USA

Dr. Manju Puri is the J. B. Fuqua Professor of Finance at the Fuqua School of Business, Duke University. She is a leading scholar in banking and venture capital. Her research interests are in the area of empirical corporate finance...

Dr. Ajit Ranade
Dr. Ajit Ranade
Senior President & Chief Economist, Aditya Birla Group, India

Dr. Ajit Ranade is Senior President and Chief Economist at the Aditya Birla Group, a $40 billion Indian multinational conglomerate. His team advises businesses with economic forecasts, risk management, policy advocacy and strategic planning. Dr. Ranade chairs the Business and...

Professor Lemma W. Senbet
Professor Lemma W. Senbet
Executive Director, African Economic Research Consortium (AERC), Kenya

Professor Lemma W. Senbet is the William E. Mayer Chair Professor of Finance at the Smith School of the University of Maryland, College Park and the Executive Director of the African Economic Research Consortium (AERC). Professor Senbet has been an...

Mr. Andrew Sheng
Mr. Andrew Sheng
President, Fung Global Institute, Hong Kong

Mr. Andrew Sheng is the President of the Fung Global Institute, an independent think tank based in Hong Kong that generates and disseminates new thinking from Asian perspectives on issues that are transforming the global economy. As the President of...

Mr. Anand Sinha
Mr. Anand Sinha
Former Deputy Governor, Reserve Bank of India

Mr. Anand Sinha is the former Deputy Governor of the Reserve Bank of India.

Prior to being appointed as the Deputy Governor, Mr.Sinha was Executive Director, Reserve Bank of India and looked after Department of Banking Operations and Development, Financial Stability...

Dr. Philip Turner
Dr. Philip Turner
Director of Policy, Coordination and Administration & Deputy Head of Department, Bank of International Settlements, Basel, Switzerland

Dr. Turner is the Director of Policy, Coordination and Administration and Deputy Head of Monetary and Economic Department, at the Bank of International Settlements (BIS), Basel. He is responsible for economics papers produced for central bank meetings at the BIS....

Professor Bernard Yeung
Professor Bernard Yeung
Stephen Riady Distinguished Professor and Dean, NUS Business School, National University of Singapore, Singapore

Professor Bernard Yeung is the Dean and Stephen Riady Distinguished Professor in Finance and Strategic Management at National University of Singapore (NUS) Business School. Before joining NUS in June 2008, he was the Abraham Krasnoff Professor in Global Business, Economics,...

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