Yaga Venugopal Reddy is an IAS officer who served as Governor of the Reserve Bank of India (2003–2008), and is Chairman of the 14th Finance Commission. He is credited with saving the Indian banking system from the sub-prime and liquidity crisis of 2008. He was Executive Director, International Monetary Fund; Chairman, Bank for International Settlements, Asian Consultative Council (ACC); Chairperson of SAARC FINANCE; Secretary (Banking) in the Union Ministry of Finance, and Principal Secretary to the Government of Andhra Pradesh. His publications include India and The Global Financial Crisis: Managing Money and Finance (2009), and its sequel Global Crisis, Recession and Uneven Recovery (2011). In 2010, he was awarded the Padma Vibhushan.
Year: 2017