Overview

• Gopinath will resign as IMF Deputy Managing Director effective August 31 after nearly three years in the role.
• She is set to resume her academic career as a professor of economics at Harvard University.
• IMF Managing Director Kristalina Georgieva has said a replacement will be named in due course.
• By tradition, the U.S. Treasury will nominate candidates for the deputy director position, giving President Trump significant input.
• Several IMF insiders said they were surprised by Gopinath’s self-initiated timing for the move back to academia.