Overview
- The Appointments Committee of the Cabinet approved the posting via a DoPT order dated August 28, with the term starting upon his assumption of charge.
- He will succeed K. Subramanian on the IMF Executive Board.
- In the role, he represents India alongside neighboring South Asian members such as Bangladesh, Bhutan, and Sri Lanka.
- The Personnel Ministry order was signed by Manisha Saxena, Secretary of the ACC and Establishment Officer.
- Patel served as RBI governor from 2016 to 2018 and previously worked with the IMF, a profile that reports say could strengthen India’s influence in multilateral policy discussions.