PROFILE: Kristalina Georgieva, new IMF Managing Director
The new Managing Director of the International Monetary Fund , Kristalina Georgieva, 65, was born in Sofia, Bulgaria in 1953.
Her predecessor, Ms Lagarde, 63, guided the IMF through the European sovereign debt crisis, which began about a month after she took office. She departs to head the European Central Bank. Kristalina Georgieva has extensive leadership and managerial experience, stemming from an influential array of senior public service posts in the World Bank. At the European Commission, she has been at the forefront of promoting sound economic policies, sustainable development, gender equality and poverty reduction.
Prior to joining the European Commission, Ms Georgieva worked for 17 years at the World Bank. Recruited in 1993 as an environmental economist for Europe and Central Asia, in 1998 she was appointed Manager for Environment and later Director for Environment and Social Development in East Asia and the Pacific.
In 2010, Ms Georgieva was named “European of the Year” and “Commissioner of the Year” by European Voice for her leadership of EU’s humanitarian response to crises.
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