Urjit Patel appointed as Executive  Director- International Monetary Fund

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Urjit Patel_indianbureaucracy
Urjit Patel_indianbureaucracy

Dr. Urjit Patel Economist and Former RBI Governor has been appointed as Executive  Director- (ED) at the International Monetary Fund, for a period of three years by the Appointments Committee of the Cabinet.

Prior to his appointment at RBI in 2013, Patel was advisor (Energy and Infrastructure) with Boston Consulting Group, while he has also worked with Reliance Industries in the past. He has worked with the International Monetary Fund (IMF) between 1990 and 1995 covering the US, India, Bahamas and Myanmar desks.

Shri Patel has a doctorate in economics from Yale University. He did his M Phil. in Economics from Oxford University in 1986 and B.Sc. (Economics) from University of London in 1984 . He headed a committee that paved the way for the proposed monetary policy committee. He is considered as the architect of a switch to formally target inflation, among other changes.

Patel joined the central bank on January 11, 2013, months before Raghuram Rajan took charge as the governor, and had been heading the monetary policy department.

INdianBureaucracy.com wishes Dr. Urjit Patel the very best.

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