WASHINGTON (AN) — Bulgarian economist Kristalina Georgieva took over as managing director of a global institution with the most lending capacity.
In her new post, which began on Tuesday, she signaled that her five-year term as the chief of the International Monetary Fund will be used to champion issues such as empowering women and fighting climate change.
Georgieva, who had served as the World Bank's first CEO since January 2017, was the only nominee to lead the Washington-based IMF, an international organization comprised of 189 countries that is charged with ensuring the stability of the international monetary system.