Highlights

  • Gita Gopinath promoted to IMF's First Deputy Managing Director
  • Gita Gopinath to take up new role in January
  • Gita Gopinath was slated to return to Harvard early next year

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Gita Gopinath elevated to No. 2 position at IMF, to take up post early next year

A dual citizen of the United States and India, Gopinath is due to start her new role on Jan. 21,

The International Monetary Fund named its chief economist Gita Gopinath to become its second-ranking official, as she would be promoted as IMF's First Deputy Managing Director in early 2022.

IMF confirmed that Indian-American Gopinath who was slated to return to her teaching post in Harvard has accepted her new role at the IMF where she has been chief economist for three years.

I am delighted that Gita has decided to stay and accept the new responsibility of being our FDMD," said Kristalina Georgieva, IMF's Managing Director.

Also watch: India stands out in terms of its vaccine policy: IMF's Gita Gopinath

Georgieva said Gopinath was "universally recognized as one of the world’s leading macroeconomists" and had precisely the expertise needed for the No. 2 job, given the increased macroeconomic challenges facing IMF member countries as a result of the COVID-19 pandemic.

"Indeed, her particular skill set — combined with her years of experience at the Fund as Chief Economist - make her uniquely well qualified. She is the right person at the right time," Georgieva said.

A dual citizen of the United States and India, Gopinath is due to start her new role on Jan. 21.

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