GBAF Logo
Finance

Former Indian central bank governor Urjit Patel appointed IMF executive director

Published by Global Banking & Finance Review

Posted on August 29, 2025

1 min read

· Last updated: March 1, 2026

Add as preferred source on Google
Former Indian central bank governor Urjit Patel appointed IMF executive director
Appointment International Monetary Fund financial community economic growth
Global Banking & Finance Awards 2026 — Call for Entries

(Reuters) -Former Reserve Bank of India Governor Urjit Patel has been appointed as executive director at the International Monetary Fund, a government statement showed on Friday. Patel has been

Former Indian central bank governor Urjit Patel appointed IMF executive director

(Reuters) -Former Reserve Bank of India Governor Urjit Patel has been appointed as executive director at the International Monetary Fund, a government statement showed on Friday.

Patel has been appointed for a period of three years.

He took over as the RBI governor from Raghuram Rajan in September 2016 and resigned from the post in December 2018, citing personal reasons.

The resignation came after a prolonged public spat between the RBI and Prime Minister Narendra Modi's government.

(Reporting by Nikunj Ohri and Manvi Pant; Editing by Mrigank Dhaniwala)

Key Takeaways

  • Urjit Patel appointed as IMF executive director.
  • Patel served as RBI governor from 2016 to 2018.
  • His appointment is for a three-year term.
  • Patel resigned from RBI citing personal reasons.
  • His tenure included a public spat with the Indian government.

Frequently Asked Questions

Who has been appointed as the executive director at the IMF?
Former Reserve Bank of India Governor Urjit Patel has been appointed as executive director at the International Monetary Fund.
How long will Urjit Patel serve in his new role?
Patel has been appointed for a period of three years.
When did Urjit Patel resign from his position as RBI governor?
He resigned from the post in December 2018, citing personal reasons.
Who did Urjit Patel succeed as RBI governor?
He took over as the RBI governor from Raghuram Rajan in September 2016.
What led to Urjit Patel's resignation from the RBI?
The resignation came after a prolonged public spat between the RBI and Prime Minister Narendra Modi's government.

Tags

Related Articles

Image for Trump says he speaks with Putin and Zelenskiy -Fox News

Trump says he speaks with Putin and Zelenskiy -Fox News

Image for Trump tells Fox News Iran can call US if it wants to negotiate

Trump tells Fox News Iran can call US if it wants to negotiate

Image for Australia's Wong to visit Japan, China, South Korea to discuss energy security

Australia's Wong to visit Japan, China, South Korea to discuss energy security

Image for Hungary's Magyar to meet EU's von der ​Leyen for talks on EU funds this week

Hungary's Magyar to meet EU's von der ​Leyen for talks on EU funds this week

Image for Switzerland angers Italy by claiming costs of treating Crans-Montana fire victims

Switzerland angers Italy by claiming costs of treating Crans-Montana fire victims

Image for Russian defence minister visits North Korea

Russian defence minister visits North Korea

More from Finance

Explore more articles in the Finance category

Image for Fertiliser plant in Russia's Vologda region damaged in Ukrainian drone attack, governor says
Fertiliser plant in Russia's Vologda region damaged in Ukrainian drone attack, governor says
Image for Close Brothers will not take legal action against Britain's car finance redress scheme, Sky News reports
Close Brothers will not take legal action against Britain's car finance redress scheme, Sky News reports
Image for Germany's far-right AfD rises to record 28%, INSA poll shows
Germany's far-right AfD rises to record 28%, INSA poll shows
Image for German government suspects Russia of Signal attack targeting politicians, sources say
German government suspects Russia of Signal attack targeting politicians, sources say
Image for Romania finds parts of second drone after overnight Russian attack on Ukraine
Romania finds parts of second drone after overnight Russian attack on Ukraine
Image for China condemns EU's inclusion of Chinese entities in sanctions package against Russia
China condemns EU's inclusion of Chinese entities in sanctions package against Russia
Image for Russian parliament speaker in North Korea to mark Pyongyang's troop deployment in Ukraine war
Russian parliament speaker in North Korea to mark Pyongyang's troop deployment in Ukraine war
Image for Macron reaffirms efforts to reopen Strait of Hormuz, as TotalEnergies warns of energy shortages
Macron reaffirms efforts to reopen Strait of Hormuz, as TotalEnergies warns of energy shortages
Image for France's Macron says EU mutual assistance clause is unambiguous
France's Macron says EU mutual assistance clause is unambiguous
Image for US to let Venezuela pay Maduro's lawyer in drug trafficking case
US to let Venezuela pay Maduro's lawyer in drug trafficking case
Image for Italy votes down equal parental leave while fathers redefine their role online
Italy votes down equal parental leave while fathers redefine their role online
Image for German auto industry faces even tougher competition as China economy slows
German auto industry faces even tougher competition as China economy slows
View All Finance Posts