IMF reappoints Kristalina Georgieva for second 5-year term

IMF reappoints Kristalina Georgieva for second 5-year term

Daily Current Affairs   /   IMF reappoints Kristalina Georgieva for second 5-year term

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Category : Appointment/Resignation Published on: April 17 2024

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  • Kristalina Georgieva has been re-appointed as the Managing Director of the IMF for a new 5-year term starting on October 1, 2024.
  • The IMF managing director is appointed by the executive board, which can select a managing director based on voting or consensus.
  • Since 2004, the IMF has adopted a policy of appointing a Managing Director through consensus.
  • This year, Kristalina Georgieva was the sole candidate nominated for the post, solidifying her re-appointment.
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