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  World   Americas  03 Jul 2019  US economist David Lipton named as interim leader of IMF

US economist David Lipton named as interim leader of IMF

AFP
Published : Jul 3, 2019, 9:36 am IST
Updated : Jul 3, 2019, 9:36 am IST

'We have full confidence in First Deputy Managing Director David Lipton as Acting Managing Director of the IMF,' board said.

'We accept Ms Lagarde’s decision to relinquish her IMF responsibilities temporarily during the nomination period,' the board said. (Photo: File)
 'We accept Ms Lagarde’s decision to relinquish her IMF responsibilities temporarily during the nomination period,' the board said. (Photo: File)

Washington: American economist David Lipton will serve as interim leader of the International Monetary Fund, replacing Christine Lagarde who was nominated to head the European Central Bank, the IMF board announced Tuesday.

 “We accept Ms Lagarde’s decision to relinquish her IMF responsibilities temporarily during the nomination period,” the board said.

 

 “We have full confidence in First Deputy Managing Director David Lipton as Acting Managing Director of the IMF.”

Tags: david lipton, imf, christine lagarde
Location: United States, District of Columbia