• Live Radio
  • Videos
  • About
  • Contact
  • Despite Media
Ghana Election 2020
  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • VIDEOS
  • Media
    • Videos
    • Audio
    • Live Radio
    • Photos
  • Election 2020
Local News
 
 
 
Home Business Business News 201909

Kristalina Georgieva Named As New IMF Boss

26-Sep-2019
/ Business News, Business
Email
Print
Comments 0
(0)
Comments
Share on Facebook Share on Twitter
 

Kristalina Georgieva has been named as the new managing director of the International Monetary Fund, after Christine Lagarde left to become the head of the European Central Bank (ECB). The Bulgarian economist who was previously a chief executive of the World Bank, is now the first person from an emerging market economy to lead the Bretton Wood institution since its inception in 1944. She is expected to start her five-year tenure on October 1, 2019. 

IMF's statement read "The selection of Ms. Georgieva by the 24-member Executive Board representing the IMF’s 189 member countries brings to a conclusion the selection process initiated by the Executive Board on July 26, 2019 (see Press Release No. 19/302). Following interviews with Ms. Georgieva, Executive Directors selected her for the position, effective October 1.

The Managing Director is the chief of the IMF’s operating staff and Chair of the Executive Board. The Managing Director is assisted by four Deputy Managing Directors in the operation of the Fund, which serves its membership through about 2,700 staff.

Ms. Georgieva, a national of Bulgaria, has been 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. Starting in 2010, she was at the European Commission, serving as Commissioner for International Cooperation, Humanitarian Aid and Crisis Response, then as Vice President for Budget and Human Resources. Ms. Georgieva has a Ph.D. in Economic Science and a M.A. in Political Economy and Sociology from the University of National and World Economy in Bulgaria, where she also taught from 1977 to 1991."
 

The newly appointed IMF MD joined the World Bank in 1993 and rose through the ranks to become the chief executive officer of World Bank in January 2017. She was also the interim President of the World Bank before David Malpass was announced as the replacement of Jim Yong Kim who stepped down on February 1, 2019.

 

 
 

 

Comments ( 0 ): Post Your Comments >>

Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.
Featured Video
Previous Post

Vodafone Is Most Innovative Procurement Company In Ghana

Next Post

Trade Forex to Earn Extra Income on Olymp Trade

 
 

More Stories

Vodafone Cash Updates Its Zero-Charge Offer
Two Local Biscuit Manufacturers Lock Horns In Trade War Over Trademarks
Ghana To Become First African Country To Issue FLEGT License
Tullow Drives Local Participation In Oil And Gas Sector
CIMG Customer Satisfaction Index: UMB And 4 Other Banks Lead The Way In Customer Service In Ghana
Global Finance Must Transform To Address Africa's Climate Challenge - Ofori-Atta Urges
Vodafone Director Calls On SMEs To Seize Opportunities At Upcoming Business Runway Event
AGI Urges Government To Incentivize Production
Understand The Nature Of Assets Before Investing – George Allotey
Next Post

Trade Forex to Earn Extra Income on Olymp Trade

  Ghana Business News

  • General News
  • Economy
  • Banking & Finance
  • Stock Market
  • Industry/Manufacturing


 
 

Other Business News Stories

  • Vodafone Cash Updates Its Zero-Charge Offer

  • Two Local Biscuit Manufacturers Lock Horns In Trade War Over Trademarks

  • Ghana To Become First African Country To Issue FLEGT License

  • Tullow Drives Local Participation In Oil And Gas Sector

  • CIMG Customer Satisfaction Index: UMB And 4 Other Banks Lead The Way In Customer Service In Ghana

  • Global Finance Must Transform To Address Africa's Climate Challenge - Ofori-Atta Urges

  • Vodafone Director Calls On SMEs To Seize Opportunities At Upcoming Business Runway Event

  • AGI Urges Government To Incentivize Production

  • Understand The Nature Of Assets Before Investing – George Allotey

  • Investing With Purpose: A Guide To Aligning Investment Objectives With Financial Goals

 

 
 

Popular Videos

Kokrokoo Discussion Segment On Peace 104.3 FM (29/09/2023)

GHANA MONTIE WITH MAC-JERRY OSEI AGYEMAN on NEAT 100.9 FM 29/09/23)

Peace Power Sports (29/09/2023)

Kokrokoo Live On Peace 104.3 FM (2/10/2023)

Kokrokoo Live On Peace 104.3 FM (29/09/2023)

Akan News @ 6am On Peace 104.3 FM (30/09/2023)

Peace FM Online and Despite Media

peacefmonline.com offers its reading audience with a comprehensive online source for up-to-the-minute news about politics, business, entertainment and other issues in Ghana

Follow us on social media:

Category

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • Trivia
  • Foreign
  • Audio
  • Photos
  • Videos
  • Elections
Decision Time
Ghana Election 2020 2016 Elections
Services
Live Radio Audio on Demand Ghana Elections Advertise with Us
Useful Links
Despite Media About Us Contact Us Feedback Form Terms and Conditions Privacy
Our Brands
Despite Media UTV Peace FM Okay FM Hello FM Neat FM Peacefmonline
  • About
  • Advertise
  • Terms & Conditions
  • Contact
  • Privacy

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Articles
  • Trivia
  • Foreign
  • Live Radio
  • Photos
  • Videos
  • Audio
  • Election 2020

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media