India-born American economist Gita Gopinath has been appointed as the International Monetary Fund's chief economist. Gopinath will take over from the incumbent Maurice Obstfeld in the job profile. The 46-year-old John Zwaanstra professor of international studies and economics at Harvard was appointed by Christine Lagarde, the IMF's director.
Speaking about Gopinath's appointment, Lagarde stated, "Gita is one of the world's outstanding economists, with impeccable academic credentials, a proven track record of intellectual leadership, and extensive international experience.
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." Gopinath, who was born in the South Indian city of Mysuru completed her BA from the Delhi University before moving to the United States for further studies.
She completed her MA from the University of Washington and later received her doctorate from Princeton, in 2001. In 2014, the IMF had included Gopinath in its list of top-25 economists under the age of 45. Prior to Gopinath, India's Raghuram Rajan had served as the IMF's chief economist. Rajan later went on to become the governor of India's central bank, the Reserve Bank of India.