Dr. Ranjana G. Madhusudhan, New Jersey’s Chief Economist, died on Monday after an illness. She was 67.
“Throughout an exemplary four decades with the Department of the Treasury, she broke barriers as she rose to become the state’s Chief Economist. But, more importantly, I will remember Ranjana for her kindness and her fighting spirit,” said Gov. Phil Murphy, When I was struggling with my own health issues earlier this year, Ranjana did not hesitate to reach out, despite the fact that she, too, was facing a health challenge. My thoughts are with her family during this difficult time. She will be deeply missed.”
Madhusudhan has served as the state’s chief economist since October 2018 after spending eight years as deputy director of revenue and economic analysis in the New Jersey State Treasurer’s office. She began her career with the World Bank in the early 1980s and joined state government as a research associate for the State and Local Expenditure and Revenue Policy Commission in 1986, and the state Treasury Department in 1993 in the Division of Taxation.
“I knew Ranjana since the 1990’s and during the last several years I had the honor of working directly with her at the Office of Revenue and Economic Analysis. She was always a dedicated and knowledgeable professional, proud of her career as a state revenue forecaster,” said Martin Poethke, Director of Treasury’s Office of Revenue and Economic Analysis. “Ranjana loved tracking tax revenue data, analyzing trends, planning for conferences, and connecting with her vast network of colleagues across the nation. But even more, Ranjana was a kind, gentle, caring person who thrived when spending time with others. Recently I was able to share some of Ranjana’s great joy in becoming a grandmother for the first time – an ‘Oma’ as I told her my German grandmother was called. She was so proud to be an Oma herself. Ranjana was one of the nicest people I ever met.”
She is survived by her husband, Madhu Kotta, her children, Aditya and Shefali Kotta, and her granddaughter, Nora.