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 Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Marketing

Why Business Growth Today Demands More Than Just Traditional Marketing

Today's CMOs are growth architects focused on creating coherence and driving business success from within.

News and Trends

Recur Club Announces Credit Offerings for Startups Beyond Series A and SMEs

In FY 24–25, the platform also plans to deploy an additional INR 2000 crores through its Recur Swift program for startups.

Business News

IBM Replaced Hundreds of HR Workers With AI, According to Its CEO

IBM CEO Arvind Krishna said the move led to more hiring in other areas.

News and Trends

Former India Post Payments Bank MD & CEO J Venkatramu Joins RevRag.AI as Evangelist

Venkatramu has previously held leadership roles at Equitas Small Finance Bank and Axis Bank, and is credited with leading some of India's most ambitious digital inclusion initiatives.

Science & Technology

How to Access the Inner Power That Makes You Irreplaceable in an AI-Driven World

By awakening our Absolute Intelligence, we can lead with purpose, creativity and heart in a tech-driven world.