IMF Executive Board

K. Subramaniam, former Chief Economic Advisor (2018–2022), was appointed Executive Director (India) at the IMF in November 2022.

• He represented India, Bangladesh, Sri Lanka, and Bhutan at the IMF.

• His term was scheduled to end in November 2025 (a 3-year tenure).

• As per a government order dated April 30, he has been terminated with immediate effect.

• No official reason has been provided by the government for ending his term early.

The IMF Executive Board:

• Is responsible for the day-to-day business of the IMF.
• Comprises 25 Directors, elected by member countries or groups of countries.
• Includes the Managing Director, who serves as Chair of the Board.
• Meets several times each week.
• Operates based on documents and analysis prepared by IMF management and staff.

The Managing Director of the IMF is the head of the staff and Chair of the Executive Board.