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US Treasury chief remembers India days

world Updated: Jan 28, 2009 04:34 IST
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The new man to handle the finances of the world's largest economy, Timothy Geithner, had his elementary education in New Delhi and he remembered it while swearing in as the 75th Treasury Secretary of the United States of America.

"My father gave me, among many wonderful things, the important gift of showing me the world as a child. He took us to live in Zambia and Rhodesia, then to India and Thailand, and from those places I saw America through the eyes of others," Geithner said at his swearing-in ceremony in Washington.

"It was that experience -- seeing first hand the extraordinary influence of American policy on the world -- that led me to work in (the) government," said Geithner who has also worked in the Treasury Department about 20 years ago.

US-born Timothy, till recently President of the Federal Reserve Bank of New York, attended elementary school in the Indian capital of New Delhi, before moving to many other Asian cities and back to the US for his graduation and master's.

His father, Peter F Geithner is an advisor to the Asia Center at Harvard University and a consultant to the Asia Pacific Philanthropy Consortium, Rockefeller Foundation, Sasakawa Peace Foundation, among others.

Besides, Geithner senior also serves on the boards of National Committee on US-China Relations, China Center for Economic Research (Peking University) and Center for the Advanced Study of India (University of Pennsylvania).

He was engaged with The Ford Foundation for 28 years, when he held various positions in Asia, including a position based in New Delhi as Deputy Representative for India, Nepal, and Sri Lanka.

Peter Geithner has also written a book titled "Diaspora Philanthropy and Equitable Development in China and India", published by Harvard University Press.