Pierre-Olivier Gourinchas will be a “ great asset” to the International Monetary Fund (IMF) as its new principal economist, Gita Gopinath said on her successor after the organisation named him for the top part on Monday.
Gita Gopinath, the first- ever woman principal economist of the IMF, said she’s thrilled to have Pierre-Olivier Gourinchas succeeding her. She’ll join the Washington- grounded extremity lender’s operation platoon as First Deputy Managing Director. She’ll succeed Geoffrey Okamoto and will serve under IMF principal Kristalina Georgieva, the first time two women have held the top leadership places.
“ I’m thrilled@pogourinchas is taking over as Chief Economist@IMFNews! He’s an exceptional transnational macroeconomist & a commanding voice on policy issues who’ll be a great asset to the Fund & its members. I’ll profit from his wisdom as we continue our long collaboration,” Gopinath said.
Gourinchas is presently the SK and Angela Chan Professor of Global Management at Haas School of Business at the University of California, Berkeley. He’ll take over as the fund’s principal economist on January 24, originally on a part- time base as he finishes his tutoring commitments, before assuming charge completely on April 1.
Gopinath, who was appointed to her current part in October 2018, was due to return to her position at Harvard University in January but will now leave the university. She was born in India but is a US citizen now.
The high- profile economist, who leads the IMF platoon that produces the nearly- watched daily World Economic Outlook, came a much more visible figure during the COVID-19 epidemic.
The chief of the IMF called Gopinath”the right person at the right time”to take the leadership part.
” Especially given that the epidemic has led to an increase in the scale and compass of the macroeconomic challenges facing our member countries, I believe that Gita– widely honored as one of the world’s leading macroeconomists– has precisely the moxie that we need for the FDMD part at this point,”Georgieva said in the statement.
” Indeed, her particular skill set– combined with her times of experience at the Fund as Chief Economist– make her uniquely well good.”