Thursday, January 21, 2016

Appoint its next IMF managing director before early March – Management Journal

Christine Lagarde, appointed in July 2011 for a term of five years, has repeatedly said he is “open” to the idea resubmitted.

AFP .- The International Monetary Fund ( IMF ) announced Wednesday that it will appoint its next managing director until early March, a position he returns to suck the current head, the French Christine Lagarde.

Applications They must be submitted between Thursday and next February 10. The board of directors of the Fund, representing its 188 member states, intends to take a decision before March 3, indicating the institution in a statement.

Christine Lagarde, appointed in July 2011 for a term five years, he has repeatedly said he is “open” to the idea resubmitted.

“I am willing to serve” the leader who succeeded the Frenchman said in October Dominique Strauss-Kahn .

Lagarde has been involved in a court case over a favored arbitration billionaire businessman Bernard Tapie in 2008, when she was Minister of Finance. Nevertheless, continues to have the support of IMF .

The institution wants a nomination process “open, merit-based and transparent,” said statement.

George Osborne, British finance minister has already given its support to Lagarde, “an exceptional leader,” he said in a message on Twitter.

Germany also supported the candidate and Finance Minister Wolfgang Schauble said it is “a management of crisis and circumspect crowned with success at a difficult time after the financial crisis.”

According to an unwritten rule, European countries designated director manager IMF lie that the United States reserves the presidency of the World Bank.

However in 2011 Lagarde was faced with the nomination of central bank governor of Mexico, Agustin Carstens.

According to Wednesday’s edition of the French Semanaria Le Canard Enchaîné, from legal problems Lagarde, France would support the candidacy of studying Franco-Ivorian Tidjane Thiam, president of Credit Suisse .

But he so denied in an interview with CNBC in Davos and said he was “very focused” on the job at Credit Suisse. “I am only a strategy in my career, doing my job,” he said.

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