Global Finance & Development:
The Managing Director of The International Money Fund (IMF)
Women in the IMF
The IMF, also formed at the Bretton Woods Conference in the wake of WWII, includes 189 countries fostering monetary cooperation, global trade, high employment, poverty reduction and sustainable economic growth. The IMF is headed by the Managing Director, who is also the Head of the IMF staff and the Chair of the Executive Board.
The IMF has had twelve managing directors in its history, none of them Americans. Interestingly, Kristalina Georgieva of Bulgaria was selected as Managing Director following her brief stint as the President of the World Bank. The previous Managing Director, Christine Lagarde of France, selected in 2011, was the first woman to hold this role. With Georgieva following Lagarde, women have been heading the IMF for a decade now.
(2 out of 2 in last ten years – 100%)
What will it take for women to get into the Power Percentage of The World Bank and the IMF?