Rakesh Mohan takes charge as IMF Executive Director

Former RBI deputy governor assumes the charge on the International Monetary Fund Board

Former RBI deputy governor Rakesh Mohan is new Executive Director in the International Monetary Fund, representing India, Bhutan, Bangladesh and Sri Lanka.

Rakesh Mohan has assumed the charge on the IMF Board, an official statement said today.

Mohan, who replaced Arvind Virmani, will at be with IMF for a period of three years.

Mohan was earlier Deputy Governor of the Reserve Bank of India and also Secretary in the Department of Economic Affairs in the Finance Ministry.

He has also been the Chairman of National Transport Development Policy Committee and of a High-Level Committee on the Financing of Infrastructure.

Prior to assuming his duties at the IMF, Mohan was Professor in the Practice of International Economics and Finance at the School of Management and Senior Fellow at the Jackson Institute for Global Affairs at Yale University.

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