# Atanu Chakraborty

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**Atanu Chakraborty** (born 5 April 1960)[1] is a retired 1985 batch [IAS](/source/Indian_Administrative_Service) officer of the [Gujarat](/source/Gujarat) cadre, who served as the [Chairman](/source/Chairman) of [HDFC Bank](/source/HDFC_Bank) until 18th March 2026. He was appointed by the [Reserve Bank of India](/source/Reserve_Bank_of_India) in April 2021.[2][3] He previously served as the [Economic Affairs Secretary](/source/Economic_Affairs_Secretary) in [Ministry of Finance](/source/Ministry_of_Finance_(India)) [Government of India](/source/Government_of_India) until his retirement in April 2020.[4] His participation in the economic policy making for India included Budget formulation, its passage in Parliament as well as fiscal management.[4]

## Education

He holds a degree [BTech](/source/BTech) in Electronics and Communication engineering from the [National Institute of Technology, Kurukshetra](/source/National_Institute_of_Technology,_Kurukshetra).[4][5] He completed his post-graduate diploma in business finance ([ICFAI, Hyderabad](/source/ICFAI_Business_School_Hyderabad)) and an [MBA](/source/Master_of_Business_Administration) from the [University of Hull](/source/University_of_Hull), [United Kingdom](/source/United_Kingdom).[4][6][7][8]

## Career

Atanu Chakraborty is a retired 1985-batch [Indian Administrative Service](/source/Indian_Administrative_Service) officer belonging to the [Gujarat](/source/Gujarat) cadre and has served in various positions for both the [Government of India](/source/Government_of_India) and the [Government of Gujarat](/source/Government_of_Gujarat).[4][9] He has held positions in the Ministries of Finance, Ports, Industries, Petroleum and Natural Gas, Labour, and Home.[9][4] He also served on the Boards of state-owned enterprises.[10]

In the Government of Gujarat, Chakraborty served as the Additional Chief Secretary of Industries and as Principal Secretary of the Finance Department.[9]

He was the chief executive of GSPC Group of companies, Gujarat State Fertilizers & Chemicals Limited (GSFC), GSFS Limited, and the Vice Chairman & CEO of Gujarat Maritime Board.[9] He was also the CEO of Gujarat Alkalis and Chemicals Ltd (GACL). He has held the office of chief executive officer of Gujarat Infrastructure Development Board.[9] This organisation manages the preparation and bidding of infrastructure projects, including preparing risks, sharing templates within the state of Gujarat.[9][11] He also served as the chairperson of National Infrastructure and Investment Fund (NIIF). Chakraborty has held positions in the Ministry of Finance, Government of India.[9][4] He held the posts of Secretary, DIPAM, and Secretary, Department of Economic Affairs.[9][7] Chakraborty managed economic policy, tax policy, and budget management for the state of Gujarat as Secretary to the Government of Gujarat. [12]

Chakraborty was an Independent Chairman on the Board of Yubi, formerly known as CredAvenue. He also Chairs the Boards of HDFC Bank Ltd, BAE (India) System Ltd.[13][14]

Atanu Chakraborty has served as India’s alternate Governor on the Board of [World Bank](/source/World_Bank). He was also a Member of the Central Board of Directors of the [Reserve Bank of India](/source/Reserve_Bank_of_India).[15]

Atanu Chakraborty was appointed as the [Union Economic Affairs Secretary](/source/Economic_Affairs_Secretary) by the [Appointments Committee of the Cabinet](/source/Appointments_Committee_of_the_Cabinet) (ACC) in July 2019. He was preceded by [Subhash Chandra Garg](/source/Subhash_Chandra_Garg).[16]

He has served as Secretary of the Department of Investment and Public Asset Management (DIPAM) in the [Ministry of Finance (India)](/source/Ministry_of_Finance_(India)) where he handled divestment of state-owned enterprises.[6]

Chakraborty has served as the [Director General](/source/Director_General) of [Directorate General of Hydrocarbons](/source/Directorate_General_of_Hydrocarbons) (DGH) in the [Ministry of Petroleum](/source/Ministry_of_Petroleum_and_Natural_Gas).[17]

He also served as Managing Director of Gujarat State Financial Services Ltd.[18]

Chakraborty was the MD of [Gujarat State Petroleum Corporation](/source/Gujarat_State_Petroleum_Corporation), an Indian Oil & Gas company.[19]

## Publications

1. BOT Law in the State of [Gujarat](/source/Gujarat); India Infrastructure Report 2000; [Oxford University Press](/source/Oxford_University_Press).[20]
1. Status of Gas in India’s Fuel Basket; [Economic & Political Weekly](/source/Economic_and_Political_Weekly), Vol.40, Issue no 14, 02 April 2005.[21]
1. Project Preparation – Cindrella of PSP (Private Sector Participation); India Infrastructure Report 2001; [Oxford University Press](/source/Oxford_University_Press).[20][22]
1. Tariff Setting in Gas Transmission; India Infrastructure Report 2004; Oxford University Press.
1. Management of Contingent liabilities in Public Finances; Administrator, Volume 54, November 2013, Number 4, [Lal Bahadur Shastri National Academy of Administration](/source/Lal_Bahadur_Shastri_National_Academy_of_Administration).

## References

1. ["Civil List of IAS Officers"](https://dtf.in/wp-content/files/Civil_List_of_IAS_Officers_-_Appendix_A_-_Combined_Gradation_List_of_IAS_Officers_appointed_on_the_result_of_annual_competitive_Exam._As_on_01.01.2014-civillist.ias.nic.in.htm). *dtf.in*. Retrieved 2023-11-20.

1. ["RBI approves appointment of Atanu Chakraborty as part-time chairman of HDFC Bank"](https://www.thehindu.com/business/Industry/rbi-approves-appointment-of-atanu-chakraborty-as-part-time-chairman-of-hdfc-bank/article34390586.ece). *[The Hindu](/source/The_Hindu)*. April 23, 2021.

1. ["Not just PSUs, even India Inc likes IAS on board as director"](https://indianexpress.com/article/india/independent-directors-of-psus-not-just-psus-even-india-inc-likes-ias-on-board-as-director-7383486/). 2 July 2021.

1. Mishra, Asit Ranjan (2019-07-25). ["Who is Atanu Chakraborty, the new economic affairs secretary?"](https://www.livemint.com/news/india/who-is-atanu-chakraborty-the-new-economic-affairs-secretary-1564030011960.html). *mint*. Retrieved 2025-11-25.

1. ["Atanu Chakraborty • The Lakshmi Mittal and Family South Asia Institute"](https://mittalsouthasiainstitute.harvard.edu/people/atanu-chakraborty/). *The Lakshmi Mittal and Family South Asia Institute*. Retrieved 2024-07-15.

1. ["PSU disinvestment: Time for big and small strategic sales, says DIPAM secretary Atanu Chakraborty"](https://www.financialexpress.com/economy/psu-disinvestment-time-for-big-and-small-strategic-sales-says-dipam-secretary-atanu-chakraborty/1635073/). 7 July 2019.

1. ["As the new economic affairs secretary, Atanu Chakraborty has his task cut out"](https://www.moneycontrol.com/news/economy/policy/as-the-new-economic-affairs-secretary-atanu-chakraborty-has-his-task-cut-out-4250511.html). 26 July 2019.

1. [The Board Of Directors Of HDFC Bank](https://www.hdfcbank.com/personal/about-us/overview/board-of-director)

1. ["Gujarat Gas"](https://www.gujaratgas.com/resources/downloads/3rd-annual-report-2014-15.pdf). *www.gujaratgas.com*. [Archived](http://web.archive.org/web/20230511191356/https://www.gujaratgas.com/resources/downloads/3rd-annual-report-2014-15.pdf) 2023-05-11 at the Wayback Machine. Retrieved 2025-11-27.

1. ["Modi effect: Rivals RIL, ONGC team up for to east coast sharing infrastructure"](https://www.thehindubusinessline.com/companies/modi-effect-rivals-ril-ongc-team-up-to-share-infrastructure/article9918486.ece). 22 October 2017.

1. ["About GIDB"](https://www.gidb.org/about-us-about-gidb). *www.gidb.org*. Retrieved 2025-11-27.

1. ["India Pitches Bigger Oil Resource Pie in Bid to Lure Investments"](https://www.bloomberg.com/news/articles/2018-01-16/india-pitches-bigger-oil-resource-pie-in-bid-to-lure-investments). *Bloomberg.com*. 16 January 2018.

1. Sarkar, Brinda (17 October 2022). ["Yubi appoints Atanu Chakraborty as chairman"](https://economictimes.indiatimes.com/news/company/corporate-trends/yubi-appoints-atanu-chakraborty-as-chairman/articleshow/94912048.cms). *The Economic Times*

1. ["Yubi appoints Atanu Chakraborty as Independent Chairman of its Board"](https://www.thehindubusinessline.com/money-and-banking/atanu-chakraborty-appointed-as-yubi-chairman/article66021740.ece). 17 October 2022.

1. ["RBI approves reappointment of Atanu Chakraborty as part-time chairman of HDFC Bank for 3 years"](https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-approves-reappointment-of-atanu-chakraborty-as-part-time-chairman-of-hdfc-bank-for-3-years/articleshow/109821313.cms?from=mdr). 3 May 2024.

1. ["Who is Atanu Chakraborty, the new economic affairs secretary?"](https://www.livemint.com/news/india/who-is-atanu-chakraborty-the-new-economic-affairs-secretary-1564030011960.html). 25 July 2019.

1. ["Govt picks GSPC chief Atanu Chakraborty as DGH | Delhi News - Times of India"](https://timesofindia.indiatimes.com/city/delhi/Govt-picks-GSPC-chief-Atanu-Chakraborty-as-DGH/articleshow/51128012.cms). *[The Times of India](/source/The_Times_of_India)*. 24 February 2016.

1. ["Atanu Chakraborty front runner for Sebi top post"](https://www.livemint.com/market/stock-market-news/atanu-chakraborty-front-runner-for-sebi-chief-post-11582784827792.html). 27 February 2020.

1. ["GSPC Group appoints Atanu Chakraborty as MD"](https://www.thehindubusinessline.com/companies/gspc-group-appoints-atanu-chakraborty-as-md/article21032509.ece1). 24 April 2015.

1. Chakraborty, Atanu. ["India Infrastructure Report 2001"](https://www.researchgate.net/profile/Morris-Sebastian/publication/334194110_INDIA_INFRASTRUCTURE_REPORT_2001_-_ISSUES_IN_MARKET_STRUCTURE_AND_REGULATION/links/5d1c708792851cf440603ab0/INDIA-INFRASTRUCTURE-REPORT-2001-ISSUES-IN-MARKET-STRUCTURE-AND-REGULATION.pdf). *Research Gate*

1. Atanu, Chakraborty. ["Status of Gas in India's Fuel Basket"](https://www.researchgate.net/publication/262125151_Status_of_Gas_in_India's_Fuel_Basket). *Research Gate*

1. Morris, Sebastian (2001). [*India Infrastructure Report 2001*](https://www.google.co.in/books/edition/_/3ORHAAAAYAAJ?hl=en&gbpv=1&bsq=Cinderella). Oxford University Press. ISBN 978-0-19-565634-3.

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