The managing director of International Monetary Fund (IMF), Kristalina Georgieva, She is the only candidate proposed by the Member States for her succession, announced the board of directors of the Washington-based financial institution.
“The board of directors will continue the nomination process, with an interview of the candidate, Georgieva, by the board members. The objective is to complete the process as soon as possible, at the end of April,” the IMF states in a statement. release.
The director of the Fund declared to AFP in mid-March that she was “available” to continue leading the institution, after having received the support of the finance ministers of the European Union (EU) a few days before. Her current term will end on September 30.
His succession in office could be made official in the coming days, even before the spring meetings of the IMF and the World Bank, which will be held from April 15 to 19 in Washington.
Traditionally, European countries nominate the general director of the IMF and the United States nominates the president of the World Bank (WB).
It is a system questioned by the main emerging countries, but the distribution of the capital of these two institutions favors the United States and the EU.
A year ago, the new president of the World Bank, Ajay Banga, was appointed following a similar procedure.
Source: Ambito
