Dr. Rakesh Mohan has assumed charge as Executive Director on the Board of the International Monetary Fund (IMF). In addition to India, Dr. Mohan will also be representing three other countries in the constituency, viz. Bangladesh, Sri Lanka and Bhutan on the Board of the IMF.
Union Finance Ministry in a statement issued on Saturday said the term of Dr. Rakesh Mohan at the IMF will be for a period of three years.
Dr. Mohan was earlier Deputy Governor of the Reserve Bank of India and also Secretary in the Department of Economic Affairs, Government of India. He has also been the Chairman of National Transport Development Policy Committee and of the High Level Committee on the Financing of Infrastructure. Prior to assuming his duties at the IMF, Dr Mohan was Professor in the Practice of International Economics and Finance at the School of Management and Senior Fellow at the Jackson Institute for Global Affairs at Yale University.
In September this year the World Bank appointed Dr Kaushik Basu, a Cornell University professor and former Chief Economic Advisor in the Finance Ministry, as the institution's new chief economist and senior vice president.
Anoop Singh has been Director of the Asia and Pacific Department of the International Monetary Fund since 2008 November while Siddharth Tiwari is the Director of Strategy, Policy, and Review Department (SPR), which is responsible for developing IMF's policies, overseeing their application at country level, and also coordinating IMF's interactions with G-7, G-20, and G-24.
Ashok K. Lahiri is the executive director at Asian Development Bank in charge of Afghanistan; Bangladesh; Bhutan; India; Lao People's Democratic Republic; Tajikistan; Turkmenistan
Harsha Vardhana Singh is among four director general appointed by World Trade Organisation on 1 October 2005. WTO is engaged in negotiating new global trading regime. Singh is in-charge of Agriculture and Commodities, Trade and Environment and trade in Services Division