Dr Ramachandran is the recipient of several awards, including the second highest civilian award and honorific title in India, the Padma Bhushan. Time magazine named him on their list of the 100 most influential people in the world.
As head of Citicorp’s development division, Rao was part of the operating review group, placing him among the top 50 managers in the firm. Rao is a recipient of several distinguished business and government recognitions.