IMF

Exclusive: China's Min Zhu may get new senior IMF post-sources

Reuters News
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Posted: Jul 06, 2011 2:29 PM

WASHINGTON (Reuters) - New IMF chief Christine Lagarde is considering appointing Min Zhu, a Chinese national and special advisor to the fund, to a new senior management post, IMF board sources said on Wednesday.

The sources said Zhu, a former deputy governor of the People's Bank of China, would fill a deputy managing director post yet to be created by Lagarde. China has long pressed for a senior-level position at the global lender.

"Min Zhu is expected to be elevated to deputy managing director," one source said, adding that the IMF board of member countries would first have to approve the move.

(Reporting by Lesley Wroughton)