New IMF executive director: Urjit Patel appointed for three-year term; succeeds Dr Krishnamurthy Subramanian

Dr. Urjit Patel, former RBI governor, has been appointed as Executive Director at the International Monetary Fund for a three-year term, following central government approval. Patel previously served as the 24th RBI governor and also held the position of deputy governor, overseeing key areas such as monetary policy and economic research.