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Raghuram Rajan Inducted by IMF to Key Advisory Panel

Raghuram Rajan, 57, was the governor of Reserve Bank of India (RBI) for three years until September 2016. Rajan is currently working as a professor at the prestigious University of Chicago. 

Washington| International Monetary Funds (IMF) Managing Director Kristalina Georgieva on Friday announced that Raghuram Rajan, the former RBI governor and renowned economist, along with 11 other experts, has been inducted to Key Advisory Panel of IMF. The panel will provide a global perspective on key developments and policy issues.

Raghuram Rajan, 57, was the governor of Reserve Bank of India (RBI) for three years until September 2016. Rajan is currently working as a professor at the prestigious University of Chicago.

Informing about the same development, Georgieva said, “To serve our membership well in this context, we need top-notch input and expertise from the widest range of sources, inside and outside the Fund.”

“Toward this end, I am proud that an exceptional and diverse group of eminent individuals with high-level policy, market, and private sector experience has agreed to serve on my External Advisory Group. Today we had a dynamic discussion to gain their insights, and to receive informal reactions to our ideas and approaches,” the IMF MD further added.

Also Read: Govt refuses to disclose details on RBI Governor Shaktikanta Das appointment

The members of the panel other than Rajan are- Tharman Shanmugaratnam, Senior Minister of Singapore and Chairman of the Monetary Authority of Singapore; Kristin Forbes, Professor, Massachusetts Institute of Technology; Kevin Rudd, former Prime Minister of Australia; Lord Mark Malloch Brown, former UN deputy secretary-general.

The novel coronavirus has so far taken over 1,00,000 lives and infected over 1,605,000 people across 193 countries.

 

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