India-born Gita Gopinath appointed as Chief Economist of IMF.

Indian born economist Gita Gopinath has been appointed as the Chief Economist of International Monetary Fund by IMF Managing Director Christine Lagarde. 

Gita will be replacing Maury Obstfeld. He announced that he will be retiring at the end of 2018 in July.

She currently serves as the John Zwaanstra Professor of International Studies and Economics at Harvard University.

“Gita is one of the world’s outstanding economists, with impeccable academic credentials, a proven track record of intellectual leadership, and extensive international experience,” Ms. Lagarde said. “All this makes her exceptionally well-placed to lead our Research Department at this important juncture. I am delighted to name such a talented figure as our Chief Economist.”

Ms. Gopinath was born and grew up in India. She is a U.S citizen and an Overseas Citizen of India. She received her Ph.D. in economics from Princeton University in 2001 after earning a B.A. from the University of Delhi and M.A. degrees from both the Delhi School of Economics and University of Washington. She joined the University of Chicago in 2001 as an Assistant Professor before moving to Harvard in 2005. She became a tenured Professor there in 2010.

This makes her the second India-born Economist to hold the position after Raghuram Rajan, former Reserve Bank Governor.

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