The International Monetary Fund said its executive board has initiated the selection process for its next managing director.
The IMF said the board has “adopted an open, merit-based, and transparent process” for the selection process, adding the board aims to reach a decision by consensus by the end of April.
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“The successful candidate for the position of Managing Director will have a distinguished record in economic policymaking at senior levels.
He or she will have an outstanding professional background, will have demonstrated the managerial and diplomatic skills needed to lead a global institution, and will be a national of any of the Fund’s members,” it said in a statement on Wednesday.
Kristalina Georgieva, the IMF’s current managing director, is widely expected to be renominated for a second five-year term, after her current term expires on Sept. 30.
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