Washington: Indian national Krishna Srinivasan has been appointed as the director of the Asia and Pacific Department (APD) of IMF from June 22. According to International Monetary Fund Managing Director Kristalina Georgieva, Srinivasan will succeed Changyong Rhee whose retirement from the Fund was announced on March 23.
" Srinivasan is a highly regarded member of our Fund family and has made many important and innovative contributions to our mission throughout his career at the Fund," Georgieva said. Srinivasan has more than 27 years of Fund experience, starting in 1994 in the Economist Program. He is currently a Deputy Director in APD where he oversees the department's surveillance work on a number of large and systemically important countries such as China and Korea, and smaller states in the Pacific such as Fiji and Vanuatu.
Georgieva said Srinivasan's appointment is a culmination of his superior record of leadership across a wide range of departments, including African Department (AFR), European Department (EUR), Monetary and Capital Market Department (MCM), RES, Strategy, Policy and Review Department (SPR), and West Hemisphere Department (WHD).
Georgieva said over the years, he has built an outstanding reputation as a first-rate collaborator and trusted advisor in his relationships with Fund colleagues and country authorities alike. "He is known for fostering an open dialogue as the way to building strong relationships and achieving traction with country authorities. Srinivasan has also helped to nurture the careers of many Fund staff as a coach and mentor. As Director, I know that he will continue to provide excellent leadership and advice to our membership and to staff within and outside APD,” Georgieva stated.
Srinivasan holds a PhD (Honors) in Economics from Indiana University, a Master’s in Economics from the Delhi School of Economics, and a Bachelor’s (Honors) in Economics from the University of Delhi.
Prior to joining the Fund, Srinivasan was an Assistant Professor of Economics and International Finance at Indiana-Purdue University and a consultant at the World Bank in DC and the Center for Policy Research and Planning Commission in New Delhi.
