Gita Gopinath set to leave IMF, will join Harvard economics faculty
NEW DELHI, July 22: Gita Gopinath, First Deputy Managing Director (FDMD) at the IMF, will leave the organization at the end of August and rejoin Harvard University as the inaugural Gregory and Ania Coffey Professor of Economics. This announcement was made by Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF).
The International Monetary Fund is a global institution and specialized agency of the United Nations. It is headquartered in Washington D.C.
Gita Gopinath joined the IMF in January 2019 and rose to the post of deputy managing director of the Fund in 2022. In her post on X, she said, “I will now return to my roots in academia where I look to push the research journey in the domain of international finance and macroeconomics to tackle the ongoing economic challenges.”
In making the announcement of Gita’s departure from the IMF, MD Kristalina applauded her and highlighted her leadership qualities and commitment to the members and mission of the International Monetary Fund.
Kristalina said, “The analytical rigor of Gita Gopinath in framing the policies of international finance is extraordinary. Gita also played an instrumental role in monitoring the country’s surveillance and Fund country programs, especially for Argentina and Ukraine,” she added
Gita Gopinath was the first female Chief Economist in the history of the IMF. She has a rare combination of brilliance and humility. In her tenure of five years at the IMF, Gita led some initiatives, including the expansion of the Fund’s work on the IPF or Integrated Policy Framework program. Gita also co-authored the Pandemic plan on how to deal with the COVID-19 crisis.
After Gita stepped down from the IMF, there were multiple challenges across the fund amid economic uncertainties. The successor of Gopinath is yet to be announced. (UNI)
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