INSUBCONTINENT EXCLUSIVE:
Rajan also served as the Vice-Chairman at the Bank for International SettlementsLondon: Raghuram Rajan, former Governor of the Reserve Bank
of India, has been named as one of the possible contenders for the top job at the Bank of England (BoE), according to a report by UK-based
Financial Times."Attracting Raghuram Rajan, the highly respected Chicago-based economist and former Reserve Bank of India Governor, would be
started but I, and many other people I am sure, may have cast their eye around various rooms to see if any likely looking candidates hove
into view," Hammond said on the sidelines of the meetings.The article said that Hammond's comments showed his willingness to look abroad for
Carney's successor and that he was seeking a figure who can make an impact on the global stage as the UK prepares for Brexit.Rajan, who is
currently a Professor of Finance with the University of Chicago at the Booth School of Business, was the RBI Governor between September 2013
the Bank for International Settlements.Another person that could be a candidate for the post is Indian-origin Baroness Shriti Vadera
"If Hammond follows his predecessor's instincts and wants a lively hard-hitter at the BoE, Shriti Vadera, the chair of Santander UK and a
former business minister under Gordon Brown fits the bill," the report said.According to the article, others in the running were: Chief
executive of the UK's Financial Conduct Authority Andrew Bailey; Deputy Governor for Monetary Policy at the BoE, Ben Broadbent; BoE Chief
Economist Andy Haldane; Director of the London School of Economics Minouche Shafik and Chief Executive of Britain's communications regulator
Ofcom Sharon White.(Except for the headline, this story has not been edited by staff and is published from a syndicated feed.)
