Gita Gopinath to take over as IMF's First Deputy Managing Director

/1 min read

ADVERTISEMENT

Gopinath, who was scheduled to return to her academic position at Harvard University in January, has served as the IMF’s chief economist for three years
Gita Gopinath to take over as IMF's First Deputy Managing Director
 Credits: Special Arrangement

Gita Gopinath, the chief economist of International Monetary Fund, will take over as the First Deputy Managing Director, the institute informed. She will become the second-ranking official, replacing Geoffrey Okamoto who plans to leave the Fund early next year.

Gopinath, who was scheduled to return to her academic position at Harvard University in January 2022, has served as the IMF’s chief economist for three years.

“Both Geoffrey and Gita are tremendous colleagues — I am sad to see Geoffrey go but, at the same time, 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. She added that Gopinath — the first female chief economist in IMF history — has garnered "respect and admiration across member countries and the institution with a proven track record in leading analytically rigorous work on a broad range of issues."

fortune magazine cover
Fortune India Latest Edition is Out Now!
The Year Of EV Launches

September 2025

2025 is shaping up to be the year of electric car sales. In a first, India’s electric vehicles (EV) industry crossed the sales milestone of 100,000 units in FY25, fuelled by a slew of launches by major players, including Tata Motors, M&M, Ashok Leyland, JSW MG Motor, Hyundai, BMW, and Mercedes-Benz. The issue also looks at the challenges ahead for Tata Sons chairman N. Chandrasekaran in his third term, and India’s possible responses to U.S. president Donald Trump’s 50% tariff on Indian goods. Read these compelling stories in the latest issue of Fortune India.

Read Now

Reacting to the news, Gopinath said, “As the pandemic continues its grip on us, the work of the Fund has never been more critical and international cooperation never more important.”

The first deputy managing director will take the lead on surveillance and related policies, oversee research and flagship publications.

Fortune India is now on WhatsApp! Get the latest updates from the world of business and economy delivered straight to your phone. Subscribe now.

Related Tags