Editing International Monetary Fund (section)

===Managing Director===
The IMF is led by a managing director, who is head of the [[list of IMF people|staff]] and serves as chairman of the executive board. The managing director is the most powerful position at the IMF.<ref>{{cite journal |last1=Copelovitch |first1=Mark |last2=Rickard |first2=Stephanie |date=2021 |title=Partisan Technocrats: How Leaders Matter in International Organizations |journal=Global Studies Quarterly |volume=1 |issue=3 |doi=10.1093/isagsq/ksab021 |issn=2634-3797 |doi-access=free |url=http://eprints.lse.ac.uk/112215/1/ksab021.pdf }}</ref> Historically, the IMF's managing director has been a [[Citizenship of the European Union|European citizen]] and the president of the [[World Bank]] has been an [[Citizenship of the United States|American citizen]]. However, this standard is increasingly being questioned and competition for these two posts may soon open up to include other qualified candidates from any part of the world.<ref name= Harding_FT/><ref name="Woods 2003 (92,114)">{{harvnb|Woods|2003|pp=92–114}}.</ref> In August 2019, the International Monetary Fund has removed the age limit which is 65 or over for its managing director position.<ref>{{cite news |url=https://www.reuters.com/article/us-imf-leadership-age-idUSKCN1VB29V |title=IMF executive board recommends scrapping age limit for Georgieva |date=21 August 2019 |publisher=Reuters |access-date=27 August 2019 |archive-date=27 August 2019 |archive-url=https://web.archive.org/web/20190827095002/https://www.reuters.com/article/us-imf-leadership-age-idUSKCN1VB29V |url-status=live }}</ref>

In 2011, the world's largest developing countries, the [[BRICS]] states, issued a statement declaring that the tradition of appointing a European as managing director undermined the legitimacy of the IMF and called for the appointment to be merit-based.<ref name= Harding_FT>{{cite news |last1=Harding |first1=Robin |title=Brics say European IMF claim 'obsolete' |url=http://www.ft.com/cms/s/0/0ef16b54-862d-11e0-9e2c-00144feabdc0.html |archive-url=https://ghostarchive.org/archive/20221210/http://www.ft.com/cms/s/0/0ef16b54-862d-11e0-9e2c-00144feabdc0.html |archive-date=10 December 2022 |url-access=subscription |access-date=17 June 2011 |newspaper=[[Financial Times]] |date=24 May 2011 }}</ref><ref>{{cite magazine |last1=Mallaby |first1=Sebastian |title=Can the BRICs Take the IMF? |url=http://www.foreignaffairs.com/articles/67885/sebastian-mallaby/can-the-brics-take-the-imf |magazine=Foreign Affairs |date=9 June 2011 |access-date=21 June 2011 |archive-date=8 February 2015 |archive-url=https://web.archive.org/web/20150208023742/http://www.foreignaffairs.com/articles/67885/sebastian-mallaby/can-the-brics-take-the-imf |url-status=live }}</ref>

====List of Managing Directors====
{| class="wikitable sortable"
|-
!Term
!Dates
!Name
!Citizenship
!Background
|-
| 1
|6 May 1946 – 5 May 1951
|[[Camille Gutt]]
|{{flagcountry|Belgium}}
|Politician, Economist, Lawyer, Economics Minister, Finance Minister
|-
|2
|3 August 1951 – 3 October 1956
|[[Ivar Rooth]]
|{{flagcountry|Sweden}}
|Economist, Lawyer, Central Banker
|-
|3
|21 November 1956 – 5 May 1963
|[[Per Jacobsson]]
|{{flagcountry|Sweden}}
|Economist, Lawyer, Academic, [[League of Nations]], [[Bank for International Settlements|BIS]]
|-
|4
|1 September 1963 – 31 August 1973
|[[Pierre-Paul Schweitzer]]
|{{flagcountry|France}}
|Lawyer, Businessman, Civil Servant, Central Banker
|-
|5
|1 September 1973 – 18 June 1978
|[[Johan Witteveen]]
|{{nowrap|{{flagcountry|Netherlands}}}}
|Politician, Economist, Academic, Finance Minister, Deputy Prime Minister, [[Bureau for Economic Policy Analysis|CPB]]
|-
|6
|18 June 1978 – 15 January 1987
|[[Jacques de Larosière]]
|{{flagcountry|France}}
|Businessman, Civil Servant, Central Banker
|-
|7
|16 January 1987 – 14 February 2000
|[[Michel Camdessus]]
|{{flagcountry|France}}
|Economist, Civil Servant, Central Banker
|-
|8
|1 May 2000 – 4 March 2004
|[[Horst Köhler]]
|{{flagcountry|Germany}}
|Politician, Economist, Civil Servant, [[European Bank for Reconstruction and Development|EBRD]], President
|-
|9
|7 June 2004 – 31 October 2007
|[[Rodrigo Rato]]
|{{flagcountry|Spain}}
|Politician, Businessman, Economics Minister, Finance Minister, Deputy Prime Minister
|-
|10
|1 November 2007 – 18 May 2011
|[[Dominique Strauss-Kahn]]
|{{flagcountry|France}}
|Politician, Economist, Lawyer, Businessman, Economics Minister, Finance Minister
|-
|11
|5 July 2011 – 12 September 2019
|[[Christine Lagarde]]
|{{flagcountry|France}}
|Politician, Lawyer, Finance Minister
|-
|12
|1 October 2019 – present
|[[Kristalina Georgieva]]
|{{flagcountry|Bulgaria}}
|Politician, Economist
|}

[[File:Christine Lagarde - Université d'été du MEDEF 2009.jpg|thumb|upright=1.25|right|alt=A three-quarter portrait of an elegantly dressed Christine Lagarde, perhaps in her early 60s sitting in a chair behind a microphone. She looks fit and tanned. Her overall mien is alert, pleasant, and intelligent.|On 28 June 2011, [[Christine Lagarde]] was named managing director of the IMF, replacing [[Dominique Strauss-Kahn]].]]

Former managing director [[Dominique Strauss-Kahn]] was arrested in connection [[Dominique Strauss-Kahn sexual assault case|with charges of sexually assaulting]] a New York hotel room attendant and resigned on 18 May. The charges were later dropped.<ref>{{cite web |title=IMF Managing Director Dominique Strauss-Kahn Resigns |url=http://www.imf.org/external/np/sec/pr/2011/pr11187.htm |work=Press Release No. 11/187 |publisher=International Monetary Fund |access-date=14 June 2011 |archive-date=17 July 2011 |archive-url=https://web.archive.org/web/20110717163155/http://www.imf.org/external/np/sec/pr/2011/pr11187.htm |url-status=live }}</ref> On 28 June 2011 [[Christine Lagarde]] was [[International Monetary Fund Managing Director 2011 election|confirmed as managing director of the IMF]] for a five-year term starting on 5 July 2011.<ref name="appointment-IMF">{{cite web |url=http://www.imf.org/external/np/sec/pr/2011/pr11259.htm |title=IMF Executive Board Selects Christine Lagarde as Managing Director |date=28 June 2011 |work=Press Release |publisher=IMF |access-date=28 June 2011 |archive-date=17 September 2013 |archive-url=https://web.archive.org/web/20130917013124/http://www.imf.org/external/np/sec/pr/2011/pr11259.htm |url-status=live }}</ref><ref name="Reuters-appointment">{{cite news |url=https://www.reuters.com/article/us-imf-idUSTRE75Q60H20110628 |title=France's Lagarde elected new IMF chief |date=28 June 2011 |work=Reuters |access-date=28 June 2011 |archive-date=24 September 2015 |archive-url=https://web.archive.org/web/20150924153847/http://www.reuters.com/article/2011/06/28/us-imf-idUSTRE75Q60H20110628 |url-status=live }}</ref> She was re-elected by consensus for a second five-year term, starting 5 July 2016, being the only candidate nominated for the post of managing director.<ref>{{cite news |title=IMF's Lagarde re-elected to second term |url=http://www.dw.com/en/imfs-lagarde-re-elected-to-second-term/a-19061862 |access-date=25 August 2016 |work=Deutsche Welle |agency=Reuters, AFP |date=19 February 2016 |archive-date=11 August 2018 |archive-url=https://web.archive.org/web/20180811164953/https://www.dw.com/en/imfs-lagarde-re-elected-to-second-term/a-19061862 |url-status=live }}</ref>