Lagarde sticks with tradition and appoints American first deputy

lagarde4

Christine Lagarde, the new managing director of the International Monetary Fund (IMF), has proposed the names for first deputy managing director and another deputy managing director at the IMF.

Lagarde proposed David Lipton, an American, as the first deputy managing director, thereby sticking with the IMF tradition that a European heads the Fund, with a US citizen in the supporting role. Lagarde did, however, seem to make a concession to the pressure surrounding increased emerging market presenc

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: