The Financial Times newspaper’s US economic editor, Krishna Guha, is leaving to join the Federal Reserve Bank of New York.

The announcement was made by the newspaper this week.

A spokesperson said: “Krishna’s appointment at the New York Fed is testimony to the high regard in which the Financial Times and its leading writers are held by decision-makers around the globe.”

At the NY Fed he will be Executive Vice President and Head of Communications. He will also serve on the Bank’s Management Committee.

AIM Magazine previously interviewed him when he was appointed leader writer at the FT.

As a political correspondent previously, Krishna covered the Blair government, domestic policy and the Iraq crisis.

Before that he wrote for the FT’s Lex column, commenting on financial markets. From 1997-2000 Krishna was the FT’s Bombay Correspondent based in India.

He was also named one of Britain’s most powerful Asians in the British media several years ago.