Econ­o­mist Bhalla ap­pointed as ED for In­dia at IMF board

The Times of India (New Delhi edition) - - Times Business -

New Delhi: Em­i­nent econ­o­mist Sur­jit S Bhalla was on Tues­day ap­pointed as the ex­ec­u­tive direc­tor for In­dia on the board of the In­ter­na­tional Mone­tary Fund (IMF), an of­fi­cial or­der said.

Bhalla (71) will suc­ceed for­mer RBI deputy gov­er­nor Su­bir Gokarn, who died in the US on July 30 af­ter a brief ill­ness. Gokarn, who died at the age of 59, was ap­pointed as the ex­ec­u­tive direc­tor for In­dia on the board of the IMF in Novem­ber 2015. He was to com­plete his term in Oc­to­ber.

The Ap­point­ments Com­mit­tee of the Cabi­net (ACC), headed by Prime Min­is­ter Naren­dra Modi, ap­proved the ap­point­ment of Bhalla for a pe­riod of three years from the date of as­sump­tion of charge of the post or un­til fur­ther or­ders, which­ever is ear­lier, the or­der said.

Bhalla, an econ­o­mist and colum­nist, in De­cem­ber last year re­signed as part-time mem­ber of the Eco­nomic Ad­vi­sory Coun­cil to the Prime Min­is­ter (EAC-PM).

He holds a PhD in Eco­nomics from Prince­ton Uni­ver­sity, a Masters in Pub­lic and In­ter­na­tional Af­fairs from Woodrow Wil­son School, Prince­ton Uni­ver­sity, and a BSEE de­gree from Pur­due Uni­ver­sity.

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