IMF Deputy Director will leave the organization
David Lipton will leave the Sub-Directorate of the International Monetary Fund after 9 years of dealing with agency tasks
The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, announced that David Lipton, the second in charge at the agency, will leave his post at the end of February as part of the “changes” she will make in the management team.
Lipton leaves the IMF after nine years as deputy managing director, which makes him the person who has held that position for the longest period in history.
Among his work in the institution he was in charge of strategy, policy development and multilateral and country surveillance. He also had to work with various annual reports presented by the IMF.
“In his position as deputy managing director for the past nine years, David provided an invaluable service for the members of the Fund and for the global economy as a whole,” Georgieva said.
“Kristalina and I worked together while I was still at the World Bank and I was glad, when she was the acting managing director, to help facilitate her successful transition to the Fund”, Lipton added to what the director said.
The American began his career as an economist at the IMF itself, where he worked for eight years in the economic stabilization of poor countries and emerging markets. Between 1989 and 1992 he partnered with Professor Jeffrey Sachs, who then worked at Harvard University, and together they advised the governments of Russia, Poland and Slovenia in their transition to capitalism.
K. Tovar
Source: Infobae
