July 22, 2025
2 mins read

Gita Gopinath to Exit IMF in August

The IMF’s Managing Director Kristalina Georgieva confirmed Gopinath’s departure and said a successor will be named “in due course.”…reports Asian Lite News

Gita Gopinath, the First Deputy Managing Director of the International Monetary Fund (IMF), will step down from her position in August 2025 to resume her academic career at Harvard University, the IMF has announced.

Gopinath, a trailblazer in international economics, will be taking on the role of the inaugural Gregory and Ania Coffey Professor of Economics at Harvard.

The IMF’s Managing Director Kristalina Georgieva confirmed Gopinath’s departure and said a successor will be named “in due course.”

Gopinath first joined the IMF in 2019 as Chief Economist, becoming the first woman to hold the position. Her leadership during a time of extraordinary global economic upheaval, including the COVID-19 pandemic and the resulting macroeconomic disruptions, was widely recognised.

In January 2022, she was promoted to First Deputy Managing Director, the Fund’s No. 2 position.

In a post on X, Gopinath reflected on her nearly seven-year tenure at the Fund and expressed gratitude for the opportunity to serve at one of the world’s foremost financial institutions.

“After nearly 7 amazing years at the IMF, I have decided to return to my academic roots. On September 1, 2025, I will rejoin @HarvardEcon as the inaugural Gregory and Ania Coffey Professor of Economics. I am truly grateful for my time at @IMFnews, first as Chief Economist and then as First Deputy Managing Director,” she wrote.

“I have had the privilege of working closely with the IMF’s brilliant and committed staff, colleagues in management, the Executive Board, and country authorities. I am especially thankful to @KGeorgieva and her predecessor, @Lagarde, for the once-in-a-lifetime opportunity to serve the IMF’s membership during a period of unprecedented challenges. I now return to my roots in academia, where I look forward to continuing to push the research frontier in international finance and macroeconomics to address global challenges, and to training the next generation of economists.”

Before joining the IMF, she served as the John Zwaanstra Professor of International Studies and Economics at Harvard University.

Under her leadership, the IMF played a key role in shaping the global economic response to crises, including COVID-19, supply chain shocks, debt distress in developing countries, and climate finance challenges.

Her successor at the IMF is yet to be announced.

Previous Story

Jagdeep Dhankhar Resigns as Vice President of India

Next Story

Britain’s Bold Move for Kyiv

Latest from -Top News

Modi Eyes Trade Deals in Maldives

PM Modi will arrive in Maldives on July 25 which would be the second and final leg of his two-nation visit, following the visit to the United Kingdom, starting Wednesday….reports Asian Lite

Russia Strikes Back at EU

The Council of the European Union approved the 17th and 18th packages of sanctions on Russia on May 20 and July 18…reports Asian Lite News Russia has significantly expanded its entry ban

PM Modi Due in UK

PM Modi’s visit to the UK, scheduled for July 23–24, comes at the invitation of British counterpart Keir Starmer and will be his fourth trip to the country….reports Asian Lite News Prime

Victory First, Then Peace?

Katz stressed the importance of meeting the war’s goals as set, primarily the return of all Israeli hostages and the surrender of Hamas….reports Asian Lite News Israeli Defence Minister Israel Katz said

US Brings Up Old Claim, India Pushes Back

US Raises Trump’s India-Pakistan Claim at UN; India Reaffirms Bilateral Stand…reports Asian Lite News The US brought President Trump’s May claim of resolving the India-Pakistan conflict to the Security Council, but New
Go toTop

Don't Miss

US embassy in London refuses to pay $18.6 mn in congestion charge

CNN reported that this is not the first time a

Trump kicks off first 2024 presidential campaign

On Saturday, the former President held a rally in the