Dr PTR Palanivel Thiaga Rajan

Dr PTR Palanivel Thiaga Rajan

Minister for Information Technology & Digital Services, Tamil Nadu


Dr PTR.Palanivel Thiaga Rajan


Dr. Palanivel Thiaga Rajan is the MLA for Madurai Central Constituency in the 15th & 16th Legislative Assemblies of Tamil Nadu. He currently serves as the Minister for Information Technology & Digital Services in the Tamil Nadu Government.

In June 2017 he was appointed as the (founding) Secretary of the newly formed IT Wing of the DMK. In that capacity he has undertaken the build-out of the party’s technology platforms and a cadre of over 1,50,000 Office Bearers across the State. He is also a designated spokesperson for the party, generally focusing on Economic, Budget & State/Central Finances, and Policy matters.

Dr. Rajan previously worked as an International Investment Banker for many years, in several trading, market sales, and management roles at Lehman Brothers (largely in New York), and Standard Chartered Bank (mostly based in Singapore) – where he last served as Senior Managing Director, Financial Markets, overseeing the sales of several fixed-income products globally. Prior to banking, his career spanned Academia, Agriculture, Consulting, Manufacturing, and Research.


Dr. Rajan represents the 4th generation of his family’s engagement in the Dravidian Movement, and he is a 3rd generation elected representative, following in the footsteps of his Grandfather Tamizhavel Sir P. T. Rajan (former Minister & Chief Minister of the Madras Presidency under Diarchy), and his father P.T.R. Palanivel Rajan (former Speaker of the Tamil Nadu Legislative Assembly, and Minister of the Government of Tamil Nadu).

His political and policy views are significantly shaped by his observation of both the diversity of cultures around the world and the universality of human values.He is frequently invited to speak on wide ranging topics such as Science, Economics, Philosophy & Politics addressing diverse gatherings ranging from Students & Professionals to Trade associations, Industry Leaders & Global Investors.



Because of his global career and deep curiosity, Dr. Rajan has travelled to about 60 countries across the major continents. His political and policy views are significantly shaped by his observation of both the diversity of cultures around the world, and the universality of human values.

Dr. Rajan earned a B. Tech (Hons.) in Chemical Engineering from NIT, Trichy, MS (Operations Research) and Ph. D. (Human Factors Engineering / Engineering Psychology) from the State University of New York, and an MBA (Finance) from the MIT Sloan School of Management.

Years Overseas Career


Countries - Travelled


Million USD - Business Handled


Complaints Resolved

Education & Experience

Education & Experience


  • MIT Sloan School of Management
    Cambridge, MA

    MBA, Financial Management – GPA 5.0/5.0; 780 GMAT, completed program in 3 semesters

  • State University of New York (SUNY) at Buffalo
    Buffalo, NY
    • Teaching Assistant / Lecturer
      • Simulation & Stochastic Models, Biomechanics, Human information processing.
    • Ph.D., Human Factors Engineering / Engineering Psychology – GPA 3.9 / 4.0
    • Dissertation: Individual Differences in Cognitive Processing: Implications for Computer Interface Design
    • MS, Operations Research – GPA 3.9 / 4.0; Specialization: Stochastic Modeling
  • National Institute of Technology (REC)

    B.Tech (Honours), Chemical Engineering; Thesis: Process Control Optimization

  • Others
    • Granted US Permanent Residence (Green Card) under the National Interest Scheme (1995); Relinquished voluntarily after relocation to Singapore (2011)
    • Member representing the United States on the International Standards Organization committee – ISO/TC159 Ergonomics (1995-99)
    • Patent holder (w/ D. Rothman) of US patent # 20060253386 - Methods & systems for providing structured loan commitment transactions, 28-Apr-2006
    • Trustee of two Charitable Trusts established in memory of father & grandfather
    • Stay current with computer, networking & audio systems technology – can set-up / repair most current home use-level systems
    • Widely traveled for both professional & personal reasons – visited about 60 countries on five continents, all 50 of the United States and 6 Canadian Provinces
    • Invited Speaker at a wide range of events across the US & Asia


  • Standard Chartered Bank - Singapore
    2010 - 2014

    Managing Director, FM Sales – Global Head of TBFX, E-Commerce & Money Markets (2011 - 2014)

    • Cross-divisional sales across Transaction Banking & Financial Markets, covering Cash Mgmt., Trade Finance & Custodial Svcs. (FX Rev >$400mm, +ve growth each yr.)
    • Proposed and obtained funding for Investment projects across the Investors’ client segment, the Money Markets business, & the Transaction Banking Client Interface.
    • Major improvements in 3 years – automation of FX tickets & Revenues (from 0 to 50,000 tickets per month, and $3mm to over $100 mm annually) & wholesale liquidity generated for the bank (from ~$130bn to $170+ bn; margin growth to >$250mm).

    Managing Director, Global Capital Markets – Business Development & Strategy (2010 - 2011)

    • Helped develop & institutionalize procedures and practices in an expanding/evolving platform – helping to drive significant revenue growth while reducing risk exposure.
  • Lehman Brothers
    2001 - 2008

    Head of Offshore Capital Markets - Mumbai, India (2006 - 2008)

    • Built and ran Front Office off-shoring platform of 300 professionals (mostly IIT/IIM graduates) in 20+ teams across Commodities, Credit, Equities, FX and Rates.
    • Functions (regulated by the NYSE, FINRA, the FSA & HKMA) included Published Fundamental Research, Structuring, Trading, and Prime Services - major gross & net revenue impact on US, European & Asian regions.
    • Registered with NASD/FINRA as Research Head, and as Branch Manager of the Mumbai Branch of the US Broker-Dealer Lehman Brothers Inc.
    • Resolution of Entities post-Lehman Bankruptcy (September – October 2008)
      • As sole resident director and executive head, guided two Indian companies (LBFS & LBSFS) through the period following bankruptcy filing by ultimate parent in the US (LBHI). Despite immediate personal employment opportunities at other banks, stayed till companies were bought and all employees guaranteed continued employment by acquirer Nomura International.
      • As sole resident director and executive head, guided two Indian companies (LBFS & LBSFS) through the period following bankruptcy filing by ultimate parent in the US (LBHI). Despite immediate personal employment opportunities at other banks, stayed till companies were bought and all employees guaranteed continued employment by acquirer Nomura International.
      • Only employee to stay through bankruptcy, then leave voluntarily on acquisition.
    • Business Strategy & Execution, Global Credit Business - New York, NY (2004 - 2006)
      • Responsibilities included business optimization (resource & risk allocation by desk & trader, performance benchmarking & tracking), compensation models (Traders & Sales teams), Risk management systems, and contributing to the weekly Global Credit Investor call.
      • Training and development for incoming analyst & associate program hires.
      • On deputation to Global Fixed Income / Global Executive Committee:
        1. Contingent Liquidity Risk Management (adapt to Universal Banking)
        2. Development & Optimization of Structured Funding Vehicles
        3. Established LB Commercial Bank (Utah ILC, FDIC Insured)
        4. Asia expansions strategy/strategic relationship (Japan Big 3)
        5. Sponsors / Leverage Finance commitment capacity expansion
        6. Build out of India Capital Markets Platform
    • Product Manager, Short Term Credit Trading - New York, NY (2003 - 2004)
      • Lehman’s legendary Commercial Paper business was consistently in the top 3 dealers by both volume and issued outstandings in the multi-trillion dollar US Money Market.
    • Trader & Co-Portfolio Manager - Firm Relationship Loan Portfolio - New York, NY (2001 - 2003)
      • Worked extensively with Investment Banking, Finance, and Treasury to establish desk, design procedures & protocols, and adapt as the universal banking model evolved.
      • Traded CDS, CDOs, Corp. Bonds & Treasuries, Equity Options, IR swaps, and Loans.
  • Consulting
    1995 - 2000
    • President / Founder - ERI (US & Canada)
      • Launched international consulting practice providing services to clients in the manufacturing sector in the areas of industrial engineering, technology strategy, labor relations & workers compensation – billing roughly $500,000 annually at peak (1999).
      • Trained process improvement teams at over 30 plants across the US & Canada.
      • Developed and implemented integrated solutions to improve efficiency, safety, & productivity - generated efficiency & cost savings for clients ranging from 30% to 80%
    • Independent Consultant – Operations & Systems Improvement (US & Canada) (1990 - 1994)
      • Computer, aerospace/defense, electronics, food processing, printing, and rubber/tire industries.


Constituency Reports

Activities Videos

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Get In Touch

Address : #2, Palayam House, Vallabhai Road, Chokkikulam, Madurai 625002.

+91 73055 19999

+91 75300 48892

mail to Dr PTR.Palanivel Thiaga Rajan     ptrmadurai1@gmail.com

Constituency Office Address : Madurai Central Constituency office, T.B.Road, Mahapoopalaiyam Bus Stop Near, Madurai 625010.

மதுரை மத்திய தொகுதி சட்டமன்ற உறுப்பினர் அலுவலகம், T.B ரோடு, மஹபூப்பாளையம் பேருந்து நிறுத்தம் அருகில், மதுரை -10

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