Georgieva sole candidate for next managing director: IMF
The board coordinators of the Executive Board of the International Monetary Fund (IMF) announced that the current managing director of the IMF, Kristalina Georgieva, is the only candidate for the position.
“The period for submitting nominations for the position of the next managing director closed on Wednesday, April 3, 2024.
“One candidate, the current managing director of the IMF, Kristalina Georgieva, has been nominated,” a statement by the board said.
Ms Georgieva’s current five-year term ends on September 30.
“The board’s goal is to complete the selection process as soon as possible, and at the latest by the end of April 2024,” the statement said.
The IMF’s managing director is both chairperson of the executive board and head of IMF staff. He or she is appointed by the board for a renewable term of five years.
The board may select a managing director by a majority of votes cast. In the past, the board has made such appointments by consensus.
(Xinhua/NAN)
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