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IMF names Silvana Tenreyro as chief economist, head of research

Created at 7 Jul · 9:06 PM1 source↑ Market-relevant
IN SHORT

The International Monetary Fund has appointed Silvana Tenreyro as its next chief economist and director of the research department, succeeding Pierre-Olivier Gourinchas. Tenreyro, a professor at the London School of Economics and former Bank of England Monetary Policy Committee member, will assume the role on August 10.

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Key Numbers

August 10start date for Tenreyro's role
2017 to 2023Tenreyro's tenure on Bank of England's MPC

Who's Involved

Silvana Tenreyro
new chief economist and director of research at the IMF
Pierre-Olivier Gourinchas
outgoing chief economist of the IMF
Kristalina Georgieva
IMF Managing Director
Bank of England
Monetary Policy Committee where Tenreyro served
Federal Reserve Bank of Boston
former employer of Tenreyro
Bank of Mauritius
Monetary Policy Committee where Tenreyro was a member
IMF names Silvana Tenreyro as chief economist, head of research

↳ Why This Matters

The appointment of a new chief economist at the IMF is significant as this role is crucial for shaping the fund's analysis and policy recommendations on the global economic outlook, particularly during times of heightened uncertainty and transformation.

Key facts

  • Silvana Tenreyro has been appointed the new chief economist of the International Monetary Fund.
  • She will also lead the IMF's research department.
  • Tenreyro's appointment is effective August 10.
  • She is a professor at the London School of Economics and a former member of the Bank of England's Monetary Policy Committee.

The International Monetary Fund (IMF) has appointed Silvana Tenreyro as its next chief economist and director of the research department, according to a statement from IMF Managing Director Kristalina Georgieva. Tenreyro, who holds citizenship in Argentina, Italy, and Britain, is a professor of economics at the London School of Economics.

She will officially take over the role on August 10, succeeding Pierre-Olivier Gourinchas, who has returned to academia. Tenreyro brings a wealth of experience, having served as an external member of the Bank of England’s Monetary Policy Committee from 2017 to 2023. Earlier in her career, she worked as an economist at the Federal Reserve Bank of Boston and was a member of the Monetary Policy Committee of the Bank of Mauritius.

Currently, Tenreyro is part of Georgieva's external advisory group, providing counsel to public and private institutions on economic and financial matters. Georgieva highlighted Tenreyro's "intellectual leadership and policy experience" as crucial for the IMF's analytical work and policy advice during a period of "profound transformation and heightened uncertainty in the global economy."

The IMF chief economist plays a key role in preparing the fund's economic updates and is a primary voice on the global economic outlook, a position that has become increasingly complex due to recent global challenges like the COVID-19 pandemic, trade disputes, and geopolitical conflicts.

Frequently asked questions

Silvana Tenreyro is the newly appointed chief economist and director of research at the International Monetary Fund. She is a professor at the London School of Economics and a former member of the Bank of England's Monetary Policy Committee.

She will begin her tenure as chief economist and director of research at the IMF on August 10.

She is replacing Pierre-Olivier Gourinchas, who has returned to academia.

The IMF chief economist oversees the preparation of the fund's regular economic updates and serves as a principal voice on the global economic outlook.

What Happens Next

01Silvana Tenreyro will assume her new role on August 10.

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Cadence
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How It Developed

The International Monetary Fund named Silvana Tenreyro as its next chief economist.
Tenreyro will replace Pierre-Olivier Gourinchas, who is returning to academia.
She will also serve as director of the research department.
Tenreyro, an Argentine-Italian-British citizen, is a professor at the London School of Economics.
She previously served on the Bank of England's Monetary Policy Committee from 2017 to 2023.
She will assume her new role on August 10.
IMF Managing Director Kristalina Georgieva stated Tenreyro's experience will support the Fund's analytical work and policy advice.

Sources

T1
IMF appoints Silvana Tenreyro as chief economist, head of researchReuters

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