IMF appoints US Treasury official as first managing director

Geoffrey Okamoto

Geoffrey Okamoto has been appointed first deputy managing director of the International Monetary Fund by the organisation’s executive board. His appointment was fast-tracked amid the ongoing coronavirus crisis.

Okamoto will take up the role, previously held by David Lipton, on March 20. He was originally proposed by IMF managing director, Kristalina Georgieva, earlier this month.

“Given the exceptional challenges our member countries are facing with the Covid-19 pandemic, I am pleased that the

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