Former RBI deputy governor Rakesh Mohan joins IMF Board

Tuesday, 6 November 2012 - 5:24pm India News Bulletin Desk

IMF headquarters in Washington DC

Image: Wikimedia Commons

Indian economist, Dr. Rakesh Mohan has assumed charge as the executive director on the Board of the International Monetary Fund (IMF). Dr. Mohan's tenure at the IMF will be for a period of three years.

Dr. Mohan will be representing India as well three other countries in the constituency -- Bangladesh, Sri Lanka and Bhutan on the Board of the IMF.

The 64-year-old Indian economist studied at boarding school Mayo College in Rajasthan and then went on to study BA in Economics at the Yale University. He also completed his MA in Economics, and Ph.D. from Princeton University.

Before joining the IMF Board, Dr. Mohan was the Professor in the Practice of International Economics and Finance at the School of Management and Senior Fellow at the Jackson Institute for Global Affairs at Yale University.

He has also held several high-profile roles in the Indian government including being the deputy governor of the Reserve Bank of India (RBI) and the secretary in the department of economic affairs.

Prior to that Dr. Mohan has been the chairman of National Transport Development Policy Committee and of the High Level Committee on the Financing of Infrastructure.

Among his non-governmental roles in India were being the non-executive director of Nestle India.