Many have questioned the wisdom of Bernanke's efforts to bail out the financial system as it teetered last year, and his decision to flood markets with newly printed money this year.
Announcing her appointment, IMF Managing Director Christine Lagarde hailed the Mysore-born Gopinath as "one of the world's outstanding economists with impeccable academic credentials, a proven track record of intellectual leadership and extensive international experience".
'When I came here in 2002, I said you can grow at 8%.' 'And I was told that was crazy, and (now) here we are.'