Gita Gopinath is a respected Indian-American economist serving as the First Deputy Managing Director at the IMF. She has announced her departure and will be leaving the IMF at the end of August.

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

Calling her stint at the IMF a "once in a lifetime opportunity," Ms Gopinath thanked IMF Managing Director Kristalina Georgieva and her predecessor, Christine Lagarde, who appointed her as chief economist.