Gita Gopinath to become IMF's first deputy managing director

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Gita Gopinath to become IMF's first deputy managing director

  • Indian-American Gita Gopinath is set to become the First Deputy Managing Director (FDMD)
  • Mysore-born Gita Gopinath is the first-ever woman Chief Economist of the International Monetary Fund (IMF).
  • Gita Gopinath had been an economic advisor to the Chief Minister of Kerala Pinarayi Vijayan in 2016.

IMF Management

  • The IMF's Managing Director serves as both the chairman of the Executive Board and the leader of the organization's personnel.
  • The Executive Board appoints the Managing Director by vote or consensus.
  • The FDMD will take the lead on surveillance and related policies, oversee research and flagship publications and help foster the highest quality standards for IMF publications


  • Establishment: In 1944 at the Bretton Woods Conference and came into operation on 27th December 1945.
  • Headquarter: Washington, D.C. (USA).
  • IMF focuses on fostering global monetary cooperation, securing financial stability, facilitating and promoting international trade, employment, and economic growth around the world
  • The International Monetary Fund (IMF) is a 189-country membership organisation.
  • The IMF is a specialized agency of the United Nations.

Objectives of IMF

  • Encourage international monetary cooperation.
  • Financial stability is assured.
  • Facilitate international commerce, promote high employment and long-term economic growth, and alleviate global poverty.