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Gita Gopinath, the deputy managing director of the International Monetary Fund (IMF) will be stepping down at the end of August after deciding to return to academic roots.
Nagpal brings to the role a proven track record within InMobi, having spent the past five years steering the growth of InMobi Exchange.
Usually, the IMF's top deputy is nominated by the US and appointed by the former's managing director. The IMF, in a statement, said managing director Kristalina Georgieva would name Gopinath's successor in "due course".
TCS layoffs hint at broader job cuts as IT ditches scale hiring for skills-based model
TCS layoff: Several IT workers from both big and small firms told Storyboard18 that the pace of AI advancement has outpaced humans adaptability in many job roles