Gita Gopinath joins IMF as its first woman chief economist

Mysore-born Gita Gopinath has joined International Monetary Fund as its chief economist, becoming the first woman to occupy the top IMF post.

Gita joined last week at a time, when she believes the world is experiencing a retreat from globalisation, posing challenges to multilateral institutions.

The John Zwaanstra professor of International Studies and Economics at Harvard University, Gita, 47, succeeds Maurice (Maury) Obstfeld as Economic Counsellor and Director of the IMF's Research Department.

Obstfeld retired on December 31.

Announcing her appointment on October 1, IMF Managing Director Christine Lagarde described her as "one of the world''s outstanding economists with impeccable academic credentials, a proven track record of intellectual leadership and extensive international experience."