Atlanta — November 19, 2007

Chief Operating Officer Rob Watts has named Usha Ramachandran as interim vice chancellor for Fiscal Affairs for the University System of Georgia (USG), overseeing the System’s $5.6 billion annual budget.

Ramachandran has nine years of experience in the University System Office, where most recently she has served in the position of assistant vice chancellor for Fiscal Affairs. She is replacing William Bowes, who is leaving the University System Office to become vice president for finance and chief financial officer for the Medical College of Georgia. Both position changes are effective Jan. 1, 2008.

“We are very fortunate to have an individual of Usha’s experience, knowledge, and talent available in our System Fiscal Affairs office,” Watts said. “She will provide stability and continuity as we prepare for the upcoming session of the General Assembly and the implementation of the Board’s Strategic Plan.”

As the interim vice chancellor, Ramachandran will have responsibility for managing the University System’s annual budget development and allocation process for its 35 degree-granting institutions and for overseeing the development and implementation of Board fiscal policies and procedures.

Ramachandran has worked for the Board of Regents since Jan. 1999, when she was named the director of business services. From Oct. 2000 until this new appointment, she was the System’s budget director. Simultaneous to her duties as budget director, Ramachandran also served from May 2002 until Sept. 2005 as a special assistant to the chancellor.

Prior to coming to the Board of Regents, Ramachandran worked for Georgia State University for eight years in a variety of positions dealing with accounting, budgeting, and business processes, including assignments as director of re-engineering and systems and as a manager for both the budget and grants and contracts departments.

Ramachandran holds a bachelor’s degree in accounting from St. Francis College, Hyderabad, India, a Master of Arts degree from the University of Mississippi, Oxford, Miss., and a master of taxation and MBA, both from Georgia State University. She also earned a law degree from Georgia State. Ramachandran is both a certified public accountant and a member of the Georgia Bar Association.

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