Obama appoints Indian-American to key administration post

Tags: Obama, News
US President Barack Obama has nominated Indian-American Sunil Sabharwal to a key administration post as US Alternate Executive Director at IMF.

Sabharwal has been nominated as the US Alternate Executive Director, International Monetary Fund, the White House said as it announced Obama's new nominations to key administration posts.

"I am grateful these accomplished men and women have agreed to join this Administration and I'm confident they will serve ably in these important roles. I look forward to working with them in the coming months and years," Obama said in a statement.

An independent investor in the payments sector since 2006, Sabharwal was the Chairman of the Board of Ogone, a European ecommerce payment services company, from 2011 to 2013.

He advised Warburg Pincus on its acquisition of easycash, a German network services company, subsequently becoming a Board Advisor from 2006 to 2009.

From 2003 to 2006, Sabharwal was Senior Vice President of Strategic Investments at First Data Corporation/Western Union.

From 1997 to 2003, he held several positions at GE Capital, including Managing Director.

From 1992 to 1996 he worked at the European Bank for Reconstruction and Development, most recently as Principal Banker.

Sabharwal received a B.S. From The Ohio State University and an M.S. From the London Business School.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Prabhu Express has trundled into town with a cargo of feel-good promises

    Railway minister Suresh Prabhu, punning on his own name, sought divine intervention more than once while delivering his maiden rail budget last Thursd

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Taslima Nasreen

The death of a liberal humanist

I first met Avijit Roy about 15 years ago. He ...

Purnendu Ghosh

Context is important in colour choices

Colours reflect power, optimism, warmth, emotion and balance. Colours are ...

Shona Adhikari

Art world celebrates two ‘new’ Cezannes

The focus moves once more to post-impressionist Paul Cezanne, who ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture