Kristalina Georgieva, Managing Director, International Monetary Fund reported the appointment of Krishna Srinivasan as Director of the Asia and Pacific Department. Mr Srinivasan will take charge from June 22.
As per an IMF statement, Mr Srinivasan will replace Changyong Rhee who is all set to retire and his retirement was announced on March 23.
In a statement, Georgieva said, “Krishna is a highly regarded member of our Fund family and has made many important and innovative contributions to our mission throughout his career at the Fund.”
An Indian national, Krishna Srinivasan started his career in the Economic Program and has an overall experience of 27 years in the Industry. Presently, he is holding the position of Deputy Director in the Asia Pacific Division, which handles the department’s supervision work in countries like China, Korea, Fiji and Vanuatu.
As per Georgieva, the appointment of Srinivasan is a fulfilment of his outstanding record of leadership across an extensive range of divisions. Mr Srinivasan has led numerous departments including the Monetary and Capital Market Department (MCM), Strategy, Policy and Review Department (SPR), European Department (EUR), West Hemisphere Department (WHD) and African Department (AFR).
“This range of work and experiences is reflective of his career during which he has worked on the full spectrum of the Fund’s membership from low-income countries, to emerging markets, and advanced economies,” Georgieva said.
Krishna Srinivasan has made an excellent reputation as a first-rate collaborator and authorised advisor in his associations with Fund associates and country authorities alike.