Dr. Duvvuri Subbarao served as Governor of the Reserve Bank of India for five years (2008-13). Prior to that, Dr. Subbarao was Finance Secretary to the Government of India (2007-08) and Secretary to the Prime Minister’s Economic Advisory Council (2005-07).Dr. Subbarao joined the Indian Administrative Service (IAS) in 1972, topping the highly competitive civil services entry examination in that year. As a civil servant, he worked in various positions in government of Andhra Pradesh and in government of India. He was a Lead Economist in the World Bank (1999 - 2004).

Dr. Subbarao studied at the Indian Institute of Technology (IIT), Kharagpur and later at the Indian Institute of Technology (IIT), Kanpur. He went to Graduate School at Ohio State University where he got an MS in Economics and later was a Humphrey Fellow at MIT studying Public Finance. He got his Ph.D. from Andhra University.