B P Mishra to be India's ED at IMF
New Delhi: Additional secretary in the finance ministry B P Mishra, will be India's new executive director to the International Monetary Fund (IMF). Mishra, who handles the Fund Bank and external finance division in the Department of Economic Affairs, will succeed YV Reddy, who has returned after just a few months into his tenure to take over as the Reserve Bank of India governor. Mishra will take up his new assignment next month after attending the Fund Bank meeting in Dubai which begins on 23 September.

The decision to nominate an additional secretary level officer to the post of executive director of IMF was taken earlier by the finance minister. Over the last few years, this job was assigned to either a serving secretary to the government — mostly the finance secretary or to a secretary, who had retired from the ministry. Prior to Reddy, Vijay Kelkar, who was then finance secretary, was assigned to the IMF. Similarly, C M Vasudev, who was secretary DEA, was appointed to the board of the World Bank.
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