New IMF Chief

New IMF Chief

Question:Who has been selected as the new head of the International Monetary Fund(IMF)?
(a) Kristalina Georgieva
(b) Christine Lagarde
(c) Gita Gopinath
(d) Ursula von der Leyen
Answer: (a)
Related facts:

  • On 25 September 2019, Bulgaria’s Kristalina Georgieva has been selected to serve as IMF Managing Director and Chair of the Executive Board for a five-year term starting on October 1, 2019.
  • She will succeed Christine Lagarde.
  • She is the first person from an emerging market economy to lead the IMF since its inception in 1944.
  • Formerly, she served as the Chief Executive Officer of the World Bank since January 2017. From February 1, 2019 to April 8, 2019, she was the Interim President for the World Bank Group.

Links:
https://www.imf.org/en/News/Articles/2019/09/25/pr19351-imf-executive-board-selects-kristalina-georgieva-as-managing-director
http://newsonair.com/Main-News-Details.aspx?id=372074