The 68-year-old took the helm of the Washington-based crisis lender in October 2019 after Christine Lagarde departed to lead the European Central Bank. Georgieva was the only candidate to lead the IMF, which traditionally is led by a European while the World Bank is headed up by an American. Until then, she had spent most of her career at the World Bank, even becoming its chief executive in 2017. Her main priorities at the IMF have been fighting inequality and climate change, as well as better integrating women into the economy. – ‘Tenacious’ –When Georgieva took the reins of the International Monetary Fund, the global economy had been weakened by the trade tensions between the United States and China.

Source: Punch October 11, 2021 20:26 UTC