Dallara to leave IIF after 19 years

Charles Dallara

Charles Dallara, managing director of the Institute of International Finance (IIF) for the past 19 years, will step down from his role in the next few months.

Dallara, who was heavily involved in Greek sovereign debt restructuring talks during the past year, revealed his plans to quit the IIF at the banking lobby group's spring membership meeting in Copenhagen on June 7.

The move comes a day after Douglas Flint, chairman of HSBC, took over as chairman of the IIF from Josef Ackermann, the now

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