Christine Lagarde New Head of IMF

2017-04-15T14:21:38-04:00June 29, 2011|

The IMF has a new managing director, Christine Lagarde, France’s (now) former finance minister, to head the global lender as the world’s economy slowly recovers. Lagarde will hit the ground running on July 5, and faces a very full inbox. “The IMF has a lot on its plate and faces an uneven world recovery, the reopening of global imbalances, potentially destabilizing capital flows, high level of unemployment, rising inflation, and difficult country cases,” said Lagarde in her interview for the job with the IMF’s 24-member Executive Board on June 22.