Open

Coming up

Don't miss

Replay


LATEST SHOWS

AFRICA NEWS

Tunisia presidential elections: Final day of campaigning ahead of Sunday's vote

Read more

FRANCE IN FOCUS

Holiday season: celebrating a secular Christmas

Read more

REPORTERS

Argentina: The Kirchner era

Read more

#THE 51%

Are toys really us?

Read more

ENCORE!

Child brides, the people of Syria and New York’s homeless

Read more

FOCUS

Video: Pakistan in mourning after school massacre

Read more

AFRICA NEWS

Kenya: Security law approved despite disruptions in Parliament

Read more

DEBATE

Wrecked Rouble: Putin Defiant as Currency Tumbles (part 2)

Read more

DEBATE

Wrecked Rouble: Putin Defiant as Currency Tumbles (part 1)

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)