IMF selects a woman for top job

Christine Lagarde

Christine Lagarde

A former finance minister of France has been selected to serve as Managing Director of the International Monetary Fund for the next five years.

Christine Lagarde is the first woman to head up the IMF.

She succeeds Dominique Strauss-Kahn who stepped down form the post after being accused of sexually assaulting a hotel employee in New York.

Lagarde is a national of France who has also served as Minister for Foreign Trade in her country.

The search for a new manager took five weeks in which developing countries were pushing hard for a non-European to head the agency.

Filed under Today's News.
UN Radio Daily News Programme
UN Radio Daily News Programme
Updated at 1800 GMT, Monday to Friday
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