People: Thomsen named head of IMF’s European department; Former deputy finance minister joins CNB

IMF headquarters in Washington, DC

Washington: Christine Lagarde has named Poul Thomsen as director of the International Monetary Fund's European department, recognising his "pivotal role" in some of the Fund's "most challenging programmes" in the region.

Thomsen has served as acting director of the department since July 30, when his predecessor, Reza Moghadam, resigned to join Morgan Stanley. He is a 32-year veteran of the Fund.

During the financial crisis he was the IMF mission chief for Iceland, and went on to lead the Fund's

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