IMF: Two Nominees

The IMF Executive Board issued the following statement yesterday:

The Executive Board has received the nominations of Mr. Dominique Strauss-Kahn and Mr. Josef Tošovský for the position of IMF Managing Director, and will now begin the formal selection process. The deadline for nominations expired on August 31.

Mr. Strauss-Kahn, a French national and former Finance Minister of France, was nominated by the Executive Director for Germany, Mr. Klaus Stein, on behalf of the Executive Directors representing the countries of the European Union. Mr. Tošovský, a Czech national and former Prime Minister and Central Bank Governor of the Czech Republic, was nominated by the Executive Director for the Russian Federation, Mr. Aleksei Mozhin.

The Executive Board will consider the candidates on the basis of their professional record and qualifications (see Press Release No. 07/159). During the coming month, the Executive Board intends to interview the candidates in Washington, D.C. and, thereafter, meet to discuss the strengths of the candidates and make a selection.