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World Bank official in line for top job at IMF

World Bank official in line for top job at IMF | iNFOnews.ca
FILE - In a Wednesday, March 7, 2018 file photo, World Bank Chief Executive Officer Kristalina Georgieva speaks during a panel at the European headquarters of the United Nations in Geneva, Switzerland. Georgieva is in line to become the next head of the International Monetary Fund after the organization said Monday, September 9, 2019 Kristalina Georgieva is the one nominated for the job.(Salvatore Di Nolfi/Keystone via AP, File)

WASHINGTON – A top World Bank official from Europe is in line to head the International Monetary Fund with the organization saying that there is only one person nominated for the job.

Nominations are no longer being accepted, the IMF said Monday, and the group’s executive board will conduct interviews with Kristalina Georgieva of Bulgaria. Georgieva has served since 2017 as chief executive officer of the World Bank, the IMF’s sister lending organization.

The IMF wants to name a successor to outgoing Managing Director Christine Lagarde by Oct. 4.

Georgieva is expected to adapt similar policy stances to Lagarde, who is stepping down from the IMF this week to lead the European Central Bank.

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