Washington D.C. [USA], Oct 1 (ANI): The International Monetary Fund (IMF) on Monday appointed Gita Gopinath, a professor at Harvard University, at its new chief economist.

The 46-year-old will succeed USA's Maurice Obstfeld, who announced in July, that he would retire at the end of this year.

"Gita is one of the world's outstanding economists, with impeccable academic credentials, a proven track record of intellectual leadership, and extensive international experience," Christine Lagarde, Managing Director of IMF, said in a press statement.

"All this makes her exceptionally well-placed to lead our Research Department at this important juncture. I am delighted to name such a talented figure as our Chief Economist," she added.

Gopinath, who studied at the Delhi School of Economics, holds a Ph.D. in economics from Princeton University. She was previously working as a co-director of the International Finance and Macroeconomics Program at the National Bureau of Economic Research. She was also the co-editor of The American Economic Review and the current Handbook of International Economics.

Gita is currently a Professor of International Studies and Economics at Harvard University. (ANI)

(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)