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Gita Gopinath to head of IMF

Gita Gopinath to become first deputy managing director of International Monetary Fund (IMF). Gita Gopinath will take over from Geoffrey Okamoto, who is currently in charge, in the event of his resignation early next year. 

Gita Gopinath is currently the chief Economist of the IMF. She is the first women to hold this position. Gita who took over in October 2018, was due to return to her parent company, Harvard University, next journey. She is professor of International Studies in Harvard Economics. 

Gita Gopinath is the daughter of T. V. Gopinath and Vijayalakshmi from Kannur. For some time, Gita Gopinath was the Financial advisor to Chief Minister Pinarayi Vijayan. 

She has authored numerous research articles on Exchange rate, trade and investment, International financial crises, Monetary policy, debt and emerging market crises. She has also served the Co-director of International finance and macro economics program at National Bureau of Economic Research (NBER). She also served as a member of the Eminent persons Advisory Group. She was chosen as a young Global Leader by the world Economic Forum in 2011.Gita Gopinath puts forward remarkable conclusions about the economic downturn in Greece. She was an advisor to the  G20 at the Indian Ministry of Finance. 

She was a member of Economic Advisory Panel of Federal Reserve Bank of New York and a Visiting Scholar at the Federal Reserve Bank of Boston. 

In 2021, Financial Times named her among the '25 most influential women of the year', the international Economic Association named her the Schumpeter -Haberler Distinguished Fellow, the Agricultural &Applied Economics Association recognised her with the John Kenneth Gelbraith Award, and the Carnegie corporation named her among 'Great(American)Immigrants '. She was named among the Bloomberg '50 people who defined 2019', a 'Top Global Thinker' by Foreign policy, and among the 'Women who Broke Major Barriers to Become Firsts' by Time Magazine.

She was born in India but holds U.S. Citizenship. She received her Ph.D. in Economics from Princeton University in 2001,after earning a Bachelors degree from Lady Shri Ram College and M.A. degree from Delhi School of Economics and the University of Washington. In 2019 , India honoured them with the Pravasi Bharathiya Samman Award. 


By,

Adithya TK

First B Com Finance


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