Dr Ajit Ranade is the Chief Economist of the Aditya Birla Group. He is an Executive Officer of Financial Technologies India Ltd. He is also served as Chief Economist at ABN AMRO Bank. He serves as a Director on the Board of Hindalco Almex Aerospace Limited, a joint venture company of Hindalco and Almex Inc. of USA. He was Government of India's nominee as Independent Director of Multi Commodity Exchange of India Ltd., from September 22, 2007 to April 1, 2010. He has served on various committees of the Reserve Bank of India, most recently in the committee for Fuller Capital Account Convertibility. He is a member of the Board of India Today Economists, Chairman of the CII West Zone Sub Committee on Economic Affairs and the Research Advisory Panel of the Indian Institute of Banking and Finance.
Dr Ranade is also a member of the Senate and Advisory Council of Indian Institute of Technology, Bombay. He is columnist with the Mumbai Mirror. He also writes at FirstPost, Business Standard, IBNLive, The Economist Times. He has authored several books, namely Life Insurance in India: Emerging Issues, Three Questions about Insurance Liberalisation, Maharashtra's EGS: Regional Patterns, Scope for Reforms and Replication. He is a co founder and trustee of Association for Democratic Reforms, which is an Indian civil society group vying for transparency in the politics of India. Dr Ranade earned a B.Tech in Electrical Engineering from IIT Bombay, a PGDM from IIM Ahmedabad and holds an MA and PhD in Economics from Brown University, USA.