Kristalina Georgieva, the managing director of the International Monetary Fund, said on Wednesday that Krishna Srinivasan, an Indian, will take up his post as director of the Asia and Pacific Department (APD) on June 22. According to the IMF, Srinivasan will succeed Changyong Rhee. , who announced his resignation from the Fund on March 23.
Srinivasan, an Indian national, has worked with the Fund for over 27 years, starting with the Economist program in 1994. He is currently Deputy Director of ODA, where he is responsible for the department’s oversight operations in a number large and systemically important countries, like China and Korea, as well as smaller Pacific governments like Fiji and Vanuatu.
Srinivasan’s appointment, according to Georgieva, is the result of his exceptional leadership in various departments, including the Africa Department (AFR), the European Department (EUR), the Monetary and Capital Market Department (MCM), the RES, the Strategy, Policy and Review Department (SPR) and Western Hemisphere Department (WHD).
Srinivasan graduated from Indiana University with a Ph.D. (Honours) in Economics, Delhi School of Economics with MSc in Economics and Bachelors (Honours) in Economics from the University of Delhi.
Srinivasan worked as an assistant professor of economics and international finance at Indiana-Purdue University as a consultant at the World Bank in Washington, DC, and the Center for Policy Research and Planning Commission in New Delhi before joining the Fund .
His extensive research on Asia, Latin America and the Caribbean, as well as climate change and other economic and development challenges, has been published in books, academic journals and the media.