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IMF appoints economist David Lipton as interim leader, replacing Lagarde

"We have full confidence in First Deputy Managing Director David Lipton as Acting Managing Director of the IMF" the board said

AFP I PTI  |  Washington 

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Representative image

American economist David Lipton will serve as interim leader of the Monetary Fund, replacing Christine Lagarde who was nominated to head the European Central Bank, the board announced Tuesday.

"We accept Ms Lagarde's decision to relinquish her responsibilities temporarily during the nomination period," the board said.

"We have full confidence in First Deputy Managing Director David Lipton as Acting Managing Director of the

First Published: Wed, July 03 2019. 04:36 IST
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