Christine Lagarde Appointed for Second Term as IMF Chief

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Kamis, 1 Januari 1970 07:00 WIB

International Monetary Fund (IMF) Managing Director Christine Lagarde speaks during a news conference at the IMF in Washington, Monday, Nov. 30, 2015, to announce the Chinese yuan will join a basket of the world's leading currencies. The International Monetary Fund on Monday admitted China's yuan into its benchmark currency basket in a win for Beijing's campaign for recognition as a global economic power. AP/Susan Walsh

TEMPO.CO, Jakarta - The International Monetary Fund has appointed Christine Lagarde for a second term as managing director after she rebuilt the Washington-based organisation’s reputation following the sex scandal that engulfed her predecessor.


Lagarde, 60, who was the only candidate, was backed by the UK, Germany, China, and her home country, France, to stay on for another five years.


She has led the IMF since 2011 and proved a strong contrast to her predecessor, Dominique Strauss-Kahn, who was forced to resign after he was accused of attempted rape in a New York hotel. The allegation was later dismissed.


During her first term, Lagarde won praise from developing countries for providing greater practical support for their efforts to recover from the financial crash and backing their demands for greater representation on the IMF board.



ADE MARBOEN | ANTARA | THE GUARDIAN




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