IMF head Kristalina Georgieva elected for a second term – Kommersant

The Executive Board of the International Monetary Fund (IMF) has approved the candidacy of current Managing Director Kristalina Georgieva for a second five-year term. The decision was made unanimously.

Ms. Georgieva was the only candidate nominated for the position. The new term of office begins in October 2024. “In making this decision, the Council commended Ms. Georgieva for her strong and flexible leadership during her term in navigating a number of significant global upheavals,” it said. statement. The Board welcomes Ms. Georgieva’s plans to continue to focus on macroeconomic and financial stability issues while adapting and developing the IMF to meet the needs of its members.

“I am deeply grateful for the trust and support of the fund’s executive board, representing our 190 members, and I am honored to continue to lead the IMF as Managing Director for a second five-year term,” he said in a statement. statement Mrs. Georgieva.

Kristalina Georgieva is a Bulgarian economist who headed the IMF in 2019. She previously worked at the World Bank, including as Vice President, and as European Commissioner for Budget and Human Resources and European Commissioner for International Cooperation, Humanitarian Aid and Crisis Response.

Read about the activities of the IMF in the Kommersant article “Protectionism 2.0”.

Leonid Uvarchev