| Christine Lagarde, IMF Managing Director |
International Monetary Fund (IMF), says it has opened selection process for its top job and will begin accepting nominations on Thursday.
IMF Executive Board said in a statement in Washington on Thursday that it had adopted an open, merit-based, and transparent process for the selection of the managing director.
The statement, signed by IMF executive board member, Aleksei Mozhin, said the method of selection was similar to the one used in the previous round.
“Individuals may be nominated by a Fund governor or executive director. Like we did in 2011, we aim to reach a decision by consensus”, Mozhin said.
