Business News of Sunday, 11 January 2026Source: thebftonline.comKristalina Georgieva, Managing Director of the International Monetary Fund (IMF), announced on Thursday, January 8, 2026, that Abebe Aemro Selassie intends to retire as Director of the African Department (AFR) on May 1, 2026. “As Director of AFR since 2016, Abe has guided the department through a period of profound change and challenge,” said Ms. Georgieva. Under his leadership, AFR helped reinforce the Fund’s role as a trusted partner to our African members. During his tenure, the Fund also added a 25th chair to its Executive Board, increasing the voice of sub-Saharan Africa. “Abe championed tailored policy advice and capacity development for sub-Saharan Africa, deepened engagement in key countries, and helped roll out additional resources to support fragile and conflict-affected states.

Source: GhanaWeb January 11, 2026 16:25 UTC