New Delhi: International Monetary Fund (IMF) Managing Director Kristalina Georgieva has announced the planned exit of Gita Gopinath, First Deputy Managing Director (FDMD), by the end of August 2025. She will be returning to Harvard University, where she will be the inaugural Gregory and Ania Coffey Professor of Economics in the Department of Economics.
Gopinath joined the Fund in January 2019 as Chief Economist and was promoted to First Deputy Managing Director in January 2022.
In making the announcement, Georgieva said: “Gita has been an outstanding colleague—an exceptional intellectual leader, dedicated to the mission and members of the Fund, and a fabulous manager, always showing genuine care for the professional standing and wellbeing of our staff.”
She also said that Gopinath—the first female Chief Economist in IMF history—has a rare combination of brilliance and humility, which we have all come to admire.
On her departure, Gopinath said: “I am truly grateful for my time at the IMF, first as Chief Economist and then as First Deputy Managing Director. 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 Kristalina and her predecessor, Christine 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 train the next generation of economists.”
A successor to Gopinath is expected to be named in due course by Managing Director Georgieva.
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