An independent investor Mr. Sunil Sabharwal has become the first Indian-American to occupy a key administration post at the International Monetary Fund (IMF). Mr. Sabharwal, who was confirmed by the US Senate after a long waiting, assumed the position as Alternate Executive Director of the IMF.
The US President Barack Obama had nominated him for the post in April 2014 and then again in March 2015.
Mr. Sabharwal was born to an Indian father and Hungarian mother in Delhi. His parents separated when he was 9 years old and he later moved to Budapest. Mr. Sabharwal served as board chairman of Ogone, a European e-commerce payment services firm, from 2011-13 and has also worked as principal banker at the European Bank for Reconstruction and Development. From 2003-2006, he was senior vice president, strategic investments, at First Data Corp/Western Union and from 1997-2003, held executive posts at GE Capital, including managing director.
He has a BS from Ohio State University and an MS from the London Business School. He has a BS from Ohio State University and an MS from the London Business School.