The North News
Chandigarh, August 29
Former Reserve Bank of India (RBI) Governor Urjit Patel has been appointed as India’s next Executive Director (ED) to the Washington-based International Monetary Fund (IMF) for a period of three years. Patel’s appointment was approved by the Cabinet Appointment Committee.
According to the official notification issued by the Department of Personnel and Training, Dr. Patel will serve a three-year term with effect from the date he assumes charge of the post, or until further orders, whichever is earlier. The order, signed by Manisha Saxena, Secretary of the Appointments Committee of the Cabinet and Establishment Officer, formalizes Dr. Patel’s return to a prominent international financial role.