Rana Foroohar will take up the post on 1 March 2017, writing a weekly column.
Foroohar joins a respected FT comment team that counts John Gapper, Lucy Kellaway, Ed Luce, Gideon Rachman, Gillian Tett, and Martin Wolf among its columnists. Last month, the FT’s comment pages scooped two of the top prizes at the EI Comment Awards, where Roula Khalaf was named best foreign commentator and Andrew Hill best business commentator.
"The momentous political news events of the last year have reinforced the Financial Times’ position as a trusted source of independent, global journalism, helping us reach new audiences and growing our subscriber base”, said FT editor Lionel Barber. “Rana will support our mission to deliver the world’s best commentary with her unique insights into globalisation and the modern political economy."
Foroohar said: “I’m delighted to be joining the world’s preeminent business news publication, particularly at a time when there are such enormous paradigm shifts occurring in the political economy of so many nations. I look forward to decoding these changes and their effects on global business for the FT readership.”
FT US managing editor Gillian Tett said “Rana brings an incredibly valuable perspective to the FT, and we’re excited that she will share it with our readers. She has spent years writing with passion and insight about global economics and business from London and New York, and we are delighted to welcome her to the FT team.”
Foroohar is currently an assistant managing editor at Time, where she has been since 2010. She is a global economic analyst for CNN and a regular contributor to NPR and other major media, as well as the author of the book Makers and Takers: The Rise of Finance and the Fall of American Business, a finalist for the 2016 Financial Times and McKinsey Business Book of the Year Award.
Prior to Time, Foroohar spent 13 years at Newsweek as an economic and foreign affairs editor, as well as a foreign correspondent covering Europe and the Middle East.
Earlier this year, the 2016 Orwell Prize for journalism went to the FT’s Gideon Rachman; John Gapper won the 2016 Wincott award for business journalism; and Simon Kuper was named best columnist at the 2016 British Society of Magazine Editors awards.