Jay Surti heads the IMF’s Financial Supervision & Regulation division, holding responsibility for management and execution of the IMF’s work program in these areas, covering policy, surveillance, and capacity development. His previous responsibilities at the IMF include management of the work program on supervision and regulation of NBFI and capital markets; leading the thematic chapters of the Global Financial Stability Report; and as advisor to the IMF’s Financial Counsellor, the coordination of his work program and outreach. He has participated in several FSAPs, including as the IMF mission chief for the 2024 Spain FSAP and the 2018 Tanzania FSAP. Jay represents the IMF at the FSB’s Standing Committee on Standards Implementation and IOSCO's Commitee on Emerging Risks. During 2018-20, on leave from the IMF, Jay served as special advisor to the Governor of the Reserve Bank of India, advising top management there on macro-financial stability and financial supervision issues. Jay holds a Ph.D. in economics from Boston University.