Christine Lagarde for the second time the head of the IMF – Banker

Christine Lagarde for the second time was on Friday elected as head of the International Monetary Fund (IMF) – announced that an international economic institution in a statement. She was the only candidate for this position, her term will last five years.

 
 

The 60-year-old former Minister of Economy, Finance and Industry of France received the support of many countries belonging to the IMF, including France and the United States. The decision on the nomination by the Executive Board of the IMF, representing 188 Member States, was made on the basis of consensus – stated in a press release.

 

Lagarde His new term will start in July. It is the fifth citizen of France, who is the head of the Fund since its inception in 1944.
 

“I am glad that I have the ability to target the IMF as Director-General for the next five years” – said Lagarde in a statement.

 

The Chairman of the Executive Council of the IMF, the Russian Alexei Możyn said that its members were impressed by the “strong and wise” leadership Lagarde.

 

As the first woman in the history of the IMF stood it on the head of this institution in 2011, becoming the eleventh CEO. When she was then nominated, her rival was president of the Central Bank of Mexico Agustin Carstens.
 

Christine Lagarde is a highly respected lawyer. Her ministerial activity fell at times one of the greatest economic crisis since World War II. The IMF conducted by the debt crisis in the euro zone and the time of economic stagnation in the world, which she described as an era of “new mediocrity” – notes the Associated Press.

 

She became known as a supporter of closer international surveillance and strengthen economic governance in the European Union. Lagarde is assessed as a seasoned negotiator with talent and diplomatic supporter of “moderate liberalism.” “Liberalism is a matter of correctly applied the rules” – used to say.

 

The beginning of the new term Lagarde undoubtedly dominate the growing concerns generated by the global economy, in the context of the slowdown in the Chinese economy and the weakening of other emerging economies – draws attention to the AFP.

 

In 2009, the prestigious British newspaper “Financial Times” recognized it as the best finance minister in the European Union. In the same year, the American magazine “Forbes” put it in 17th place among the most influential women in the world. In 2014. Lagarde was eighth a year later – the sixth in this ranking.

 

As a 15-year-old he was vice-champion of France in synchronized swimming. Swimming and diving today are indeed passionate Christine Lagarde, in addition to yoga and gardening. She admits weakness for chocolate and costumes Chanel; He is a vegetarian and does not drink alcohol. She has two sons. (PAP)

 

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