Mr. Narvekar, an Indian National, had a very long and distinguished career at the Fund that spanned four decades starting from 1953 through 1997. He began his career as a Research Assistant in 1953 and rose to Director of APD from 1986-1991, Special Advisor to the Managing Director from 1991 to 1994, and as Deputy Managing Director from 1994 until his retirement in 1997. At the height of the Asian Financial Crisis in 1997, Mr. Narvekar simultaneously served as Special Advisor to the Managing Director as well as to the President of Indonesia.
Mr. Narvekar (“PR” as he was known), was a highly respected leader and colleague who will be remembered for his keen intellect and wise counsel on a wide range of topics and, more importantly for his kindness, warmth, humility, and supportive and nurturing personality and demeanor.
On behalf of the Fund, I would like to express our deepest condolences to his family, especially his children Nirmal and Medha, and to his friends and colleagues.
More details on memorial service will be communicated via HR Web in the coming days as they become available.
From colleagues from the Centennial Group and Emerging Markets Forum
He was a kind and generous man, much loved by all his staff. – Masood Ahmed
I also had wonderful experience when I was about to join Centennial after I left the Bank in 2000. PR invited me to breakfast meeting at the Watergate. He was very kind and gracious host. Will cherish very much knowing PR. – Vinod Thomas
Although I did not know him personally, it is always sad to learn of the passing of an esteemed former colleague. – John Redwood
This is the passing away of a great human being. May his soul rest in peace. – Tariq Husain
Very sad to learn. I have fond memories of PR. He will be missed. – Praful Patel
Mr Narvekar not only made brilliant contributions to the IMF, he was a true gentleman and a model for us all in so many ways. – Manu Bhaskaran
So sad to hear this news. Our condolences to the family . – Bindu Lohani
I have many fond memories of PR, a very kind and generous friend to all. Praying for the eternal peace of this kind and gracious soul. – Rajat Nag
He was a distinguished economist who left an indelible legacy in the IMF. – Chander VAsudev
PR was such a wonderful human being. May he Rest In Peace. – Mahmood Ayub
I am deeply saddened by the news. Mr. Narvekar was someone who I admired through all my years at the Fund for his exemplary leadership,and most of all, for the kindness and graciousness with which he made himself accessible to and interacted with the junior staff. I will remember him as a person with a rare blend of professional excellence, humaneness, and dignity. After my retirement, he invited me to a lunch and introduced me to the work of the Centennial Group. He will always be missed. – Anupam Basu
“PR” was an unassuming, dignified consummate professional whom I had the blessing to have known, however too briefly. – Roberto de Ocampo
From around the World
I have learnt with profound sorrow about the death of your father Mr. P.R. Narvekar. In his demise we have lost an outstanding international public servant who was passionately committed to the development of India. Please accept my healtfelt condolences on this sad bereavement. – Dr. Manmohan Singh, Former Prime Minister of India