Don't miss

Replay


LATEST SHOWS

EYE ON AFRICA

Case dismissed against French troops accused of child rape in Central African Republic

Read more

BUSINESS DAILY

Spain set to overtake US in tourism rankings

Read more

MEDIAWATCH

#MeToo and mixed messages

Read more

THE DEBATE

Tunisia's revolutionary fire: Fresh protests, seven years after Arab Spring

Read more

FOCUS

Stolen medication sold on black market in Mexico

Read more

ENCORE!

Brendan Power: The future of the harmonica

Read more

THE INTERVIEW

Louise Arbour: Negative attitude towards migration 'completely self-defeating'

Read more

TALKING EUROPE

Former WTO head Lamy: 'Brexit is like trying to get an egg out of an omelette'

Read more

TALKING EUROPE

2018 begins: A happy new year for Europe?

Read more

Business

IMF names interim head after Strauss-Kahn’s arrest

Text by News Wires

Latest update : 2011-05-16

IMF deputy John Lipsky (pictured) will step in as acting managing director in the wake of Dominique Strauss-Kahn’s arrest for a sexual assault, an IMF spokesman said Sunday.

REUTERS - The IMF said on Sunday its No. 2 official, John Lipsky, will step in as acting managing director of the global institution in the absence of IMF chief Dominique Strauss-Kahn, who is charged with sexual assault.

IMF spokesman William Murray said Lipsky will meet with members of the IMF board on Sunday to inform them of developments. The board is the main overseer of the IMF’s daily operations.

“In line with standard IMF procedures, John Lipsky, first deputy managing director, is acting managing director while the MD is not in DC,” Murray said in a statement. “Mr. Lipsky will chair the informal Board session today.”

Date created : 2011-05-15

  • FRANCE - USA

    IMF chief Strauss-Kahn charged with attempted rape in New York hotel

    Read more

  • FRANCE - USA

    Strauss-Kahn ‘innocent until proven guilty’, says French government

    Read more

  • FRANCE

    Porsche-chauffered socialist? Not in France

    Read more

COMMENT(S)