President Barack Obama has nominated Indian-American Sunil Sabharwal to a key post as US Alternate Executive Director at the International Monetary Fund.
An alumnus of the Ohio State University and the london Business School, Sabharwal has been the Chairman of the Board of Ogone, a European ecommerce payment services company, from 2011 to 2013.
An independent Indian American investor in the payments sector, he was earlier an advisor at Warburg Pincus, a German network services company, subsequently becoming a Board Advisor from 2006 to 2009.
Earlier on, Sabharwal had been a Senior Vice-President of Strategic Investments at First Data Corporation/Western Union. He has also held several positions at GE Capital, including Managing Director, and at the European Bank for Reconstruction and Development.
Nominating Sabharwal along with a few others, Obama said: “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.”