Overview

• An Appointments Committee of the Cabinet order dated August 28 approved Patel’s selection, with the term effective from the date he assumes charge or until further orders.
• Patel will represent a constituency of India, Bangladesh, Bhutan and Sri Lanka on the IMF’s 25‑member Executive Board in Washington.
• He succeeds Krishnamurthy V. Subramanian, who was released from the role on April 30, about six months before his tenure was to end.
• A former RBI governor from 2016 to 2018, Patel previously worked at the IMF early in his career and later held senior roles including vice president at the AIIB.
• The appointment restores India’s seat after months without a designated executive director, reinforcing experienced representation in Fund deliberations.