Vikram Haksar

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Biography

Vikram Haksar has been the Acting Chief Risk Officer at the International Monetary Fund (IMF) and is currently the Deputy. He has led a complete overhaul of the IMFs centralized enterprise risk management (ERM) function, reporting to both IMF Management and Executive Board on top risks and mitigation strategies within established risk tolerances. He has oversight spanning all IMF activities, including its crisis lending to countries such as Argentina and Ukraine, surveillance of the global economy and financial system, capacity development in members, as well as the management of people, processes, and technology. Vikram's expertise is rooted in a deep background in financial stability, risk analysis, and crisis management. He previously led the IMF’s financial stability risk and policy analysis within the global Financial Sector Assessment Program (FSAP) and was instrumental in launching the IMF’s climate risk financial stability impact analysis initiative. His extensive crisis management experience includes negotiating the IMF’s first-ever Flexible Credit Line, $70 billion agreement with Mexico in 2009, and serving as the IMF sign-off for engagements in Euro Area crisis countries, Russia, and Ukraine. Vikram has also been at the forefront of developing IMF approaches to critical issues such as fiscal space, artificial intelligence, fintech, and the IMF’s engagement with the G-20 on technology and macroeconomic policy. He has written extensively on the transformative opportunities of big-data, AI, and digital payments and currencies, highlighting the need for new international governance approaches. His forward-looking perspective has been vital in shaping the IMF’s strategy in the evolving landscape of global finance and technology. Vikram holds a Ph.D. in economics from Cornell University.