Krishna Srinivasan will succeed Changyong Rhee whose retirement from IMF was introduced on March 23
Krishna Srinivasan will succeed Changyong Rhee whose retirement from IMF was introduced on March 23
International Monetary Fund Managing Director Kristalina Georgieva on June 8 introduced the appointment of Indian nationwide Krishna Srinivasan as director of the Asia and Pacific Department (APD) from June 22.
According to an IMF announcement, Mr. Srinivasan will succeed Changyong Rhee whose retirement from the Fund was introduced on March 23.
“Krishna is a highly regarded member of our Fund family and has made many important and innovative contributions to our mission throughout his career at the Fund,” Ms. Georgieva stated.
Mr. Srinivasan has greater than 27 years of Fund expertise, beginning in 1994 within the Economist Program. He is at present a Deputy Director in APD the place he oversees the division’s surveillance work on plenty of giant and systemically necessary nations corresponding to China and Korea, and smaller states within the Pacific corresponding to Fiji and Vanuatu.
Ms. Georgieva stated Mr. Srinivasan’s appointment is a fruits of his superior document of management throughout a variety of departments, together with African Department (AFR), European Department (EUR), Monetary and Capital Market Department (MCM), RES, Strategy, Policy and Review Department (SPR), and West Hemisphere Department (WHD).
“This range of work and experiences is reflective of his career during which he has worked on the full spectrum of the Fund’s membership from low-income countries, to emerging markets, and advanced economies,” she stated.
Ms. Georgieva stated over time, he has constructed an excellent fame as a first-rate collaborator and trusted advisor in his relationships with Fund colleagues and nation authorities alike.
“He is known for fostering an open dialogue as the way to building strong relationships and achieving traction with country authorities. Krishna has also helped to nurture the careers of many Fund staff as a coach and mentor. As Director, I know that he will continue to provide excellent leadership and advice to our membership and to staff within and outside APD,” Ms. Georgieva stated.
“He has made his mark as a strategic thinker, innovator, and other people supervisor. In reality, he was one of many first managers to obtain the Fund’s Excellence in Leadership Award when it was inaugurated in 2010. That identical 12 months, he was additionally one of many first to obtain the Fund’s Award for Extraordinary Effort, which speaks to Krishna’s willingness to go above and past to make sure that the Fund is offering the very best service to its membership,” she added.
Mr. Srinivasan holds a PhD (Honors) in Economics from Indiana University, a Master’s in Economics from the Delhi School of Economics, and a Bachelor’s (Honors) in Economics from the University of Delhi.
Prior to joining the Fund, Mr. Srinivasan was an Assistant Professor of Economics and International Finance at Indiana-Purdue University and a consultant at the World Bank in DC and the Center for Policy Research and Planning Commission in New Delhi.
His wide research on Asia, Latin America, and the Caribbean, and on climate and other economic and development issues has appeared in books, academic journals, and media publications.
Source: www.thehindu.com
