IMF head candidate calls for deepening governance reform

Governance is the number one weakness of the IMF and needs to be addressed to improve the effectiveness of the organization.

IMF start interviewing candidates of new chief

The IMF began interviews Monday with candidates to run for managing director of the 187-member organization.

Backgrounder

Strauss-Kahn, 62, was arrested in New York Saturday after being accused of sexually attacking a 32-year-old maid at the Sofitel New York hotel. He is the main rival to President Nicholas Sarkozy in the 2012 elections. He took over the IMF in November 2007. With the resignation of Dominique Strauss-Kahn, experts around the world are now speculating about who will be the next leader of the IMF.

Possible successors

Trevor Manuel / South African Finance Minister

Trevor Manuel / South African Finance Minister

Zhu Min / Special advisor to managing director of IMF

Zhu Min / Special advisor to managing director of IMF

Arminio Fraga / President of Brazilian Central Bank

Arminio Fraga / President of Brazilian Central Bank

Gordon Brown / Former British Prime Minister

Gordon Brown / Former British Prime Minister

Mario Draghi / President of Italy's Central Bank

Mario Draghi / President of Italy's Central Bank

Tharman Shanmugaratnam / Singapore Finance Minister

Tharman Shanmugaratnam / Singapore Finance Minister

Thomas Mirow / Deputy German Finance Minister

Thomas Mirow / Deputy German Finance Minister

Stanley Fischer / Israeli Central Bank Governor

Stanley Fischer / Israeli Central Bank Governor

Peer Steinbruck / German Finance Minister

Peer Steinbruck / German Finance Minister

Mehmet Simsek / Turkish Finance Minister

Mehmet Simsek / Turkish Finance Minister

Global reaction

BRICS call for end of European dominance on IMF chief

The selection of the next head of the International Monetary Fund (IMF) should reflect the changing realities of the global economy and not on the basis of nationality.

The selection of a new managing director of the International Monetary Fund will be an open and transparent process. (John Lipsky, acting managing director of the IMF)

The chief of the IMF should be chosen through democratic consultation with a merit-based and transparent selection process. (Jiang Yu, China's Foreign Ministry spokeswoman )

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