Overview

• The government order, dated August 28 and signed by Manisha Saxena, formalizes Patel’s selection for a three-year stint.
• His term begins on the date he assumes charge or ends earlier if superseded by further orders.
• Patel will represent India and the South Asia constituency on the IMF Executive Board, covering Bangladesh, Bhutan and Sri Lanka.
• He succeeds Krishnamurthy V Subramanian, whose tenure ended about six months early in April.
• The move aligns with India’s push on IMF policy debates, including a May abstention on Pakistan financing, and taps Patel’s RBI, IMF and AIIB experience.