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IMF board decides to keep Georgieva as chief after data-fixing scandal

Georgieva is a Bulgarian economist and the first person from an emerging-market nation to run the IMF.

Kristalina Georgieva
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International Monetary Fund (IMF) Managing Director Kristalina Georgieva (Photo: Reuters)

Eric Martin and Saleha Mohsin | Bloomberg
Kristalina Georgieva will remain as head of the International Monetary Fund after the lender’s board reviewed accusations that she improperly influenced a World Bank ranking of China’s business climate and reaffirmed its full confidence in her.

The fate of Georgieva--a Bulgarian economist and the first person from an emerging-market nation to run the IMF--had been in limbo since Sept. 16. A report written by law firm WilmerHale and commissioned by the World Bank, her previous employer, asserted that she pressured subordinates to boost China’s position in the bank’s influential “Doing Business” report.

“The executive board considered that the information presented in the