The centre has appointed former Chief Economic Advisor Krishnamurthy Subramanian as the next Executive Director representing India at the International Monetary Fund (IMF). Subramanian’s three-year tenure as India’s top representative at the multilateral institution begins on November 1, and he will replace the current incumbent – economist Surjit Bhalla.
An order stated that the Appointments Committee of the Cabinet has approved the appointment of Subramanian, who is currently professor (finance) at the Indian School of Business, to the post of Executive Director (India) at the IMF for a period of three years. It also said that Bhalla’s ‘curtailed’ tenure will