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 Lands in Malé for Big Day

PM Modi is visiting the Maldives at the invitation of President Muizzu to participate as the Guest of Honour at the country’s 60th Independence Day celebrations…reports Asian Lite News Prime Minister Narendra

Rubio Rips France Over Palestine Move

Condemning the decision, Israel’s Prime Minister Benjamin Netanyahu said the move” rewards terror and risks creating another Iranian proxy.”…reports Asian Lite News U.S. Secretary of State Marco Rubio slammed French President Emmanuel

Industry Hails India-UK FTA

£34 billion boost, sweeping tariff cuts and market access mark UK’s most ambitious post-Brexit trade pact; Indian sectors set for exports surge…reports Asian Lite News Business leaders from both India and the

India, UK Sign Landmark FTA

The pact is set to make imported goods like Scotch whisky, gin, luxury cars, cosmetics, and medical devices more affordable for Indian consumers….reports Asian Lite News In a landmark moment for India-UK

Farmers Win Big in India-UK FTA

There is a massive gain for rural India and exporters with zero duty on processed foods compared with up to 70 per cent earlier….reports Asian Lite News The India-UK Free Trade Agreement
Go toTop

Don't Miss

China’s Actions Alarm US, Pledges Solidarity with Philippines

Armed Forces of the Philippines (AFP) Chief, Gen. Romeo Brawner

About half of Americans say Trump has been a ‘terrible’ president 

Americans are nearly twice as likely to say Trump has