Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Govt names former RBI Governor Urjit Patel as IMF Executive Director

PTI
Updated: August 29th, 2025, 11:55 IST
in Business, Home News, National
0
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

New Delhi: The government has approved the appointment of former Reserve Bank Governor Urjit Patel as Executive Director at the International Monetary Fund (IMF) for a period of three years.

He would replace K V Subramanian, whose services were terminated by the government six months ahead of his three-year tenure. The termination took effect April 30, 2025.

Also Read

Putin-Trump talks

Trump-Putin Budapest summit on hold after Rubio-Lavrov talks: US official

9 hours ago

Former Union Minister Yogendra Makwana passes away

9 hours ago

The Appointments Committee of the Cabinet has approved the appointment of Urjit Patel, economist and former RBI Governor, to the post of Executive Director (ED) at the IMF, for a period of three years with effect from the date of assumption of charge of the post, or until further orders, a government order dated August 28, 2025, said.

The executive board of the IMF is composed of 25 directors (executive directors or EDs) elected by the member countries or groups of countries.

India is part of a four-country constituency, along with Bangladesh, Sri Lanka, and Bhutan, as its members.

Prior to this appointment, Patel served as Vice President for Investment Operations (Region 1) at the Asian Infrastructure Investment Bank (AIIB).

According to the Beijing-based multilateral funding institution, he resigned from his position in January 2024 due to family health matters.

Patel took over as the 24th Governor of the RBI in 2016, succeeding Raghuram Rajan.

In December 2018, he abruptly resigned from the position amid a tussle with the government over the issue of dividend transfer to the government by the central bank.

Before assuming the RBI Governor position, Patel served as a Deputy Governor handling monetary policy, economic policy research, statistics and information management, deposit insurance, communication and Right to Information.

Born in 1963, he also served as a Consultant to the Ministry of Finance from 1998 to 2001. He also had other assignments in the public and private sectors, including those with Reliance Industries, IDFC Ltd, MCX Ltd, and Gujarat State Petroleum Corporation.

Patel completed his Bachelor’s in Economics from the London School of Economics and obtained an M Phil degree from Oxford University in 1986. He completed his PhD in Economics from Yale University in 1990.

Thereafter, he joined the IMF and served there from 1990 to 1995, covering the US, India, the Bahamas and Myanmar desks.

Tags: Executive DirectorIMFUrjit Patel
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Adweeti Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Ipsita

December 12, 2019
#MyPaperBagChallenge

Sisirkumar Maharana

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Archana Parida

December 12, 2019
#MyPaperBagChallenge

Anshuman Sahoo

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Sitakanta Mohanty

December 12, 2019
#MyPaperBagChallenge

Faiza Firdous

December 12, 2019
#MyPaperBagChallenge

Chinmay Kumar Routray

December 12, 2019
#MyPaperBagChallenge

Tabish Maaz

December 12, 2019
#MyPaperBagChallenge

Ankita Balabantray

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Pitabas Tripathy

December 12, 2019
#MyPaperBagChallenge

Anasuya Sahoo

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Narendra Kumar

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019
#MyPaperBagChallenge

Vandana Singh

December 12, 2019
#MyPaperBagChallenge

Bijswajit Pradhan

December 12, 2019
#MyPaperBagChallenge

Priyasha Pradhan

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar Ghibela

December 12, 2019
#MyPaperBagChallenge

Pratyasharani Ghibela

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019
#MyPaperBagChallenge

Mandakini Dakua

December 12, 2019
#MyPaperBagChallenge

Praptimayee Biswal

December 12, 2019

Archives

Editorial

Behold Gen Z

October 22, 2025

A new wave of political movements without any so-called ideological underpinning except for deafeningly noisy demands for basic citizens' needs...

Read moreDetails

Trumpian Dilemma

October 20, 2025

After showing admirable and decisive toughness in defusing the crisis in the Middle East, US President Donald Trump has been...

Read moreDetails

Empty Ambition

Rights & Restrictions: AAKAR PATEL
October 19, 2025

When was the last time you read or saw something about India and the G20? And what do you recall...

Read moreDetails

Market Power

Power of Continuity
October 18, 2025

The power corridors are abuzz again, but not over taxes or budgets this time. Eyeballs are fixed on who’ll get...

Read moreDetails
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2025 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2025 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2025 All rights Reserved by OrissaPOST