New Delhi

India-born economist Gita Gopinath on Monday appointed as chief economist of International Monetary Fund, the IMF said in a statement.

Gopinath will succeed Maurice Obstfeld, who would retire at the end of 2018, the IMF said. She currently serves as the John Zwaanstra Professor of International Studies and Economics at Harvard University.

“Gopinath is one of the world’s outstanding economists, with impeccable academic credentials, a proven track record of intellectual leadership, and extensive international experience,” IMF Managing Director Christine Lagarde said.