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IMF deputy Gita Gopinath to step down in August

Departure will allow Trump administration to appoint her successor at fund

Gita Gopinath, the IMF’s second-in-command, is set to step down, paving the way for the Trump administration to appoint a deputy to managing director Kristalina Georgieva.

The fund said on Monday that Gopinath would return to Harvard University at the end of August after more than six years at the Washington-based institution, three of which were in the role of first deputy managing director.

The position is usually filled with a candidate nominated by the US administration, with European leaders tending to nominate appointees for the role of managing director.

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