Gopinath's contributions to international finance and macroeconomics at the IMF, particularly during challenging global crises, were lauded by IMF Managing Director Kristalina Georgieva. She had served as a visiting professor at Harvard in 2005.

Gita Gopinath, the International Monetary Fund’s No. 2 official, is stepping down at the end of August, giving President Donald Trump an opportunity to name her replacement and put his stamp on the global crisis lender.

The move gives the US Treasury a chance to recommend a replacement at a time Trump is reshaping global economy.