India names Sudhir Gokarn for IMF post

The appointments committee of the union cabinet has approved a proposal to appoint former Reserve Bank of India (RBI) deputy governor Dr Subir Gokarn as the executive director representing the Indian Constituency (India, Bangladesh, Bhutan and Sri Lanka) at the International Monetary Fund (IMF).

Dr Gokarn replaces Dr Rakesh Mohan at the  IMF.

Dr Gokarn served as one of the four deputy governors of the RBI along with Anand Sinha, K C Chakrabarty and H R Khan from 2009 to 2013.

Gokarn was one of the youngest deputy directors of the RBI.

Prior to his appointment as the deputy governor of the RBI, Dr Gokarn was the chief economist of the global rating agency Standard and Poor's (S&P) Asia-Pacific since August 2007.

He is the head of Crisil's research and information business and also a nominee board member of the State Bank of India.