IMF names first deputy MD and department heads

US - The IMF has confirmed the appointment of Anne Kreuger as first deputy managing director. She succeeds Stanley Fischer who is stepping down.

Kreuger is an economist at Stanford University and has served as vice-president of the World Bank. In addition, three department heads have also been appointed.

Kenneth Rogoff, an economist from Harvard University, has become chief economist and director of IMF's research department. He succeeds Michael Mussa.

Timothy Geithner has been appointed as dire