Don't miss

Replay


LATEST SHOWS

EYE ON AFRICA

Government forces close to recapturing Libyan IS group stronghold of Sirte

Read more

MEDIAWATCH

Can Manuel Valls unite the left ahead of 2017?

Read more

FOCUS

Italy's rural south welcomes refugees with open arms

Read more

IN THE PAPERS

French presidential election: ‘Valls's Moment’

Read more

ENCORE!

Music Show: Electro star Agoria stays 'Up All Night'

Read more

TALKING EUROPE

Ukraine’s ex-prime minister: ‘We need reforms’

Read more

IN THE PAPERS

Italy's referendum: ‘Confronted with a wave of 'NO' votes, Renzi resigns’

Read more

TALKING EUROPE

Extremist populist parties: What's the reason behind their rise?

Read more

MEDIAWATCH

Gambians herald 'new independence' after Jammeh defeat

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)