Dominique Strauss-Kahn named as new IMF chief
Published September 28th, 2007
The appointment of the former French Socialist finance minister to the helm of the organisation had been widely expected.
The only other nomination for the role was Josef Tosovsky, a former Czech prime minister, who was put up as a late candidate by Russia.
Mr Strauss-Kahn was backed by Europe and the US, which dominate the IMF.
Mr Strauss-Kahn was visiting Chile when the IMF board decision was announced, in a symbolic gesture to show his desire to give emerging economies more of a voice in key decisions at the IMF.
In a statement after the announcement on Friday afternoon, he said: “I am determined to pursue without delay the reforms needed for the IMF to make financial stability serve the international community, while fostering growth and employment.”
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