Chidambaram Palaniappan is an Indian politician with the Indian National Congress and the current Union Minister of Finance of the Republic of India. Chidambaram is a well known corporate lawyer having represented well known clients like the now bankrupt Enron and an important member of the last two Congress led Government's at the centre. Previously he had served as Finance Minister of India from May 2004 to November 2008. However, after the resignation of Shivraj Patil in the wake of the Mumbai terror attacks in November 2008 erupted in a controversy, Chidambaram was made the Home Affairs Minister. After a three and a half year stint as Home Minister, Chidambaram was reappointed Union Minister of Finance after Pranab Mukherjee.
Chidambaram was born to Kandanur L. Ct. L. Palaniappa Chettiar and Lakshmi Achi in Kanadukathan in the Sivaganga District, in the state of Tamil Nadu, India. His maternal grandfather was Raja Sir Annamalai Chettiar, a wealthy merchant and banker from Chettinad. Chidambaram did his schooling at the Madras Christian College Higher Secondary School and received a pre-university degree from Loyola College. After graduating with a BSc degree in statistics from the Presidency College, Chennai, he completed his bachelor of laws from the Madras Law College (now Dr. Ambedkar Government Law College, and his MBA from Harvard Business School in the class of 1968. He also holds a master's degree from Loyola College in Chennai.
Chidambaram has two brothers and one sister. His father's business interests covered textiles, trading and plantations in India. He chose to concentrate on his legal practice and stayed away from the family business.
He enrolled as a lawyer in the Madras High Court. He became a senior advocate in 1984. He has offices in Delhi and Chennai and practices in the Supreme Court and in various high courts in India.