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Trump ally nominated as IMF first deputy managing director

Dan Katz has ties to US Treasury secretary Scott Bessent and former BoE governor Mervyn King

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Photo: Flickr/freeimage4life

Dan Katz is expected to take over as first deputy managing director of the International Monetary Fund (IMF) from October 6. His appointment was unveiled by IMF managing director Kristalina Georgieva on September 18 although the IMF’s executive board will still need to approve the nomination after a two-week comment period. If confirmed, Katz will be the most senior official from the US at the fund.

Katz would move from his current position as US Treasury secretary Scott Bessent’s chief of staff

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