Kristalina Georgieva reappointed for a second term as head of the IMF

Hibapress

The board of directors of the International Monetary Fund (IMF) on Friday reappointed Kristalina Georgieva for a new five-year term as managing director of the international financial institution.

Ms. Georgieva has been at the head of the IMF since October 1, 2019, after succeeding Christine Lagarde.

“The Executive Board of the International Monetary Fund today appointed Kristalina Georgieva as Managing Director of the IMF for a second five-year term starting October 1, 2024,” the Bretton Woods institution said in a statement. , adding that the decision was made “by consensus”.

“I am deeply grateful for the trust and support of the Fund’s Executive Board, which represents our 190 members, and it is an honor to continue to lead the IMF as Managing Director for a second five-year term.” , said Ms. Georgieva in this press release.

Previously, the 70-year-old Bulgarian served as vice president of the World Bank. She also worked at the European Commission from 2010, first as Commissioner responsible for international cooperation, humanitarian aid and crisis response, then as Vice-President responsible for budget and human resources. .

Ms. Georgieva holds a doctorate in economics and a master’s degree in political economy and sociology from the University of National and World Economy, Bulgaria, where she also taught from 1977 to 1991.