Today: Lagarde, Carstens shortlisted for top IMF job, Fischer bows out, Jun 14, 2011

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Jun 14, 2011

Lagarde, Carstens shortlisted for top IMF job, Fischer bows out, Jun 14, 2011


Combo photo of French Finance Minister Christine Lagarde (L) and Mexican central bank governor Agustin Carstens. (Xinhua/Reuters Photo)
WASHINGTON, June 13 (Xinhua) -- French Finance Minister Christine Lagarde and Mexican central bank governor Agustin Carstens have been shortlisted for the selection of the new head of the International Monetary Fund (IMF), the fund announced Monday night.
Consistent with its decision adopted on May 20 specifying the selection procedures, and the fund's applicable by-laws, the IMF's executive board said it would consider the two candidates.
Bank of Israel Governor Stanley Fischer, 67, a last-minute nominee and renowned economist, failed to qualify for the position with a maximum age requirement of 65.

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