Know all about Krishna Srinivasan: The new head of the IMF Asia-Pacific Department

9 Jun 2022 , 11:54 AM

Kristalina Georgieva, the Managing Director of the International Monetary Fund, said on Wednesday that Krishna Srinivasan, an Indian, will take over 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, beginning in the Economist Program in 1994. He is currently a Deputy Director of APD, where he is in charge of the department’s surveillance operations in a number of large and systemically significant countries, such as China and Korea, as well as smaller Pacific governments like Fiji and Vanuatu.

Srinivasan’s appointment, according to Georgieva, is the result of his outstanding leadership in a variety of departments, including the African Department (AFR), European Department (EUR), Monetary and Capital Market Department (MCM), RES, Strategy, Policy, and Review Department (SPR), and West Hemisphere Department (WHD).

Srinivasan graduated from Indiana University with a Ph.D. (Honors) in Economics, a Delhi School of Economics with a Master’s in Economics, and a University of Delhi Bachelor’s (Honors) in Economics.

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.