Kristalina Georgieva has won a second five-year term as IMF managing director, ahead of the start of the fund’s spring meetings in Washington next week.
Georgieva, who has been in the role since the autumn of 2019, was the sole candidate for the position. However, it was only after European leaders signalled that they would endorse her last month that her candidacy was assured.
The Bulgarian economist faced controversy in 2021 over her role in a scandal relating to her time at the World Bank, with an internal inquiry accusing her of directing efforts to artificially boost China’s ranking in the lender’s influential annual Doing Business report.