Jaimini Bhagwati is a former Indian Foreign Service officer and a financial sector and derivatives specialist. He was appointed India’s High Commissioner to the United Kingdom in 2011. Immediately prior to this appointment, Bhagwati was India’s Ambassador to the European Union, Belgium, and Luxembourg. Earlier, he was an Additional Secretary in the Ministry of External Affairs and prior to that, Joint Secretary (Capital Markets and Pension Reforms) in the Ministry of Finance and he served in the Department of Atomic Energy in the mid-1980s. He was employed for eleven years in the World Bank Treasury in Washington DC in two phases between 1991 and 2005 and his responsibilities included issuance of World Bank bonds and pricing of associated derivatives transactions. After retiring from Government of India, he was the Reserve Bank of India Chair Professor at ICRIER from 2014 until 2018 and currently he is a Distinguished Fellow at CSEP.

He has a Master’s in Physics from St Stephen’s college in Delhi and also holds a Master’s in Finance from Massachusetts Institute of Technology (MIT) and a PhD from Tufts University. In 2019, he authored The Promise of India: How Prime Ministers Nehru to Modi Shaped the Nation (1947–2019). He has authored columns in several newspapers.

As of February 2024, he is a Board Member of the Infrastructure Development Finance Company (IDFC) Limited, IDFC First Bank and Apollo Tyres Ltd.