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Lagarde Named First Female IMF Chief

Wednesday, 29 June 2011 07:29

‘”The executive board of the International Monetary Fund today selected Christine Lagarde to serve as IMF managing director and madam chairman of the executive board for a five-year term starting on July 5, 2011,” the IMF said in a statement.

The French finance minister replaces Strauss-Kahn, who resigned on May 18 over charges of sexually assaulting a hotel maid in New York.’

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