WASHINGTON, Dec 3 — The International Monetary Fund said its second ranking official, First Deputy Managing Director Geoffrey Okamoto, will leave the Fund in early 2022 and will be replaced by Gita Gopinath, who currently serves as the IMF’s chief economist.
IMF Managing Director Kristalina Georgieva said Gopinath was “universally recognized as one of the world’s leading macroeconomists” and had precisely the expertise needed for the No. 2 job, given the increased macroeconomic challenges facing IMF member countries as a result of the Covid-19 pandemic. Gopinath, the first woman to serve as the Fund’s chief economist, has played a key role in broadening the role of the IMF’s research department, creating a new analytical approach to help countries respond to international capital flows, and also worked on a detailed IMF plan to end the pandemic, she said.
With pressure from the Americans again..
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