Palanivel Thiagarajan

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Palanivel Thiagarajan
PTR.Thiagarajan.JPG
Minister for Finance and Human Resources Management of Tamil Nadu
Assumed office
7 May 2021
Chief MinisterM. K. Stalin
Preceded byO. Panneerselvam
Member of Tamil Nadu Legislative Assembly
Assumed office
25 May 2016
Preceded byR. Sundarrajan
ConstituencyMadurai Central
Personal details
Born (1966-03-07) 7 March 1966 (age 57)
Madurai, Madras State (present-day Madurai District, Tamil Nadu, India)
NationalityIndian
Political partyDravida Munnetra Kazhagam
Spouse(s)Margaret Thiagarajan
RelationsP. T. Rajan
Children2
Parent(s)P. T. R. Palanivel Rajan
Rukmani
Alma materNational Institute of Technology, Tiruchirappalli (BTech)
University at Buffalo (M.S., PhD)
MIT Sloan School of Management (MBA)
Websitehttp://www.ptrmadurai.com/

Palanivel Thiagarajan is an Indian politician and the current Finance Minister of Tamil Nadu.[1] He was elected to the Tamil Nadu Legislative Assembly election in 2016 and 2021 from Madurai Central.[2][3]

Early life[edit]

Following his schooling at The Lawrence School, Lovedale, and Vikaasa School, Madurai, Thiagarajan, graduated with a degree in chemical engineering from the National Institute of Technology, Tiruchirappalli (formerly, Regional Engineering College, Tiruchirappalli). He obtained a master's degree in operations research and a Ph.D. in human factors engineering / engineering psychology at University at Buffalo. He then completed his MBA in financial management at MIT Sloan School of Management.[4]

He is the son of the late P. T. R. Palanivel Rajan, who was also a well-known politician in Tamil Nadu. His grandfather, P. T. Rajan, was the Chief Minister of Madras Presidency from 4 April 1936, to 24 August 1936.

Career[edit]

Corporate career[edit]

He began his career in 1990 as an independent consultant in Operations and Systems Improvement.[5] In 2001 he joined Lehman Brothers Holdings Inc. as Trader and Co-Portfolio Manager – Firm Relationship Loan Portfolio.[6][7] He quit Lehman Brothers Holdings Inc. as Head Of Offshore Capital Markets in the year 2008.[8][9] He then worked for Standard Chartered Bank, Singapore in the Global Capital Markets division. He quit Standard Chartered Bank as Managing Director, Financial Markets Sales in the year 2014.[10]

Political career[edit]

Thiagarajan is the Finance Minister of Tamil Nadu.[11] He has released a White Paper on Tamil Nadu's finances after a long time.

Personal life[edit]

He married Margaret, whom he met at University at Buffalo where he pursued his PhD, while she was pursuing her Masters. They have two sons.[12]

References[edit]

  1. ↑ "MK Stalin to head 34-member cabinet: PTR is Finance Minister, Ma Su gets Health". The News Minute. 6 May 2021. Retrieved 19 May 2021.
  2. ↑ "Tamil Nadu - Madurai Central 2016". Election Commission of India. Retrieved 25 May 2016.
  3. ↑ "Palanivel Thiagarajan Election Results 2021: News, Votes, Results of Tamil-nadu Assembly". NDTV. Retrieved 8 June 2021.{{cite web}}: CS1 maint: url-status (link)
  4. ↑ Basu, Soma (5 October 2017). "Unlike a politician". The Hindu. ISSN 0971-751X. Retrieved 21 November 2019.
  5. ↑ "Meet Palanivel Thiagarajan, the next Finance Minister of Tamil Nadu! What are his challenges?". The New Stuff. 6 May 2021. Retrieved 20 May 2021.
  6. ↑ "This Former Lehman Banker Is Betting On Legacy In TN Polls". The Huffington Post. Retrieved 7 May 2016.
  7. ↑ "From Wall Street to TN assembly polls: Will Thiagarajan be able to make his mark in politics?". CatchNews.com. Retrieved 7 May 2016.
  8. ↑ "Wall Street banker P Thiaga Rajan contests elections from temple town Madurai". The Economic Times. Retrieved 7 May 2016.
  9. ↑ Manthan India (12 May 2015), The Collapse of Lehman Brothers – An Insider's Perspective with P T Rajan, retrieved 7 May 2016
  10. ↑ Murali D (13 November 2014), Dr P T Rajan, Former Managing Director, Financial Markets, Standard Chartered Bank, retrieved 7 May 2016
  11. ↑ Sivapriyan, ETB (30 May 2021). "Palanivel Thiagarajan: Former banker looks to fix Tamil Nadu's finances". Deccan Herald. Retrieved 8 June 2021.{{cite web}}: CS1 maint: url-status (link)
  12. ↑ "This American is part of the campaign for Madurai Central". The Times of India. Retrieved 7 May 2016.
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