Posted by: africanpressorganization | 4 August 2008

IMF Managing Director Dominique Strauss-Kahn Announces African Department Director Appointments


IMF Managing Director Dominique Strauss-Kahn Announces African Department Director Appointments


WASHINGTON, USA, August 4, 2008/African Press Organization (APO)/ — Managing Director Dominique Strauss-Kahn of the International Monetary Fund (IMF) today announced his intention to appoint Mr. Olivier Blanchard as Economic Counsellor and Director of the Research Department, Ms. Antoinette Sayeh as Director of the African Department, Mr. Andrew Tweedie as Director of the Finance Department, and Mr. Reza Moghadam as Director of the Policy Development and Review Department (PDR).


“I am pleased to announce my intention to appoint four Department Directors. These consist of two external appointments to the Research and African Departments and two internal appointments to Finance and PDR,” Mr. Strauss-Kahn said. “These appointments bring to the Fund a unique combination of world-class knowledge and experience, and will help us greatly in our ongoing efforts to refocus the Fund for the 21st century.”



Antoinette Sayeh, Director of the African Department


Antoinette Sayeh is currently Liberia’s Finance Minister and over the past years, has led the government’s efforts to rebuild and reform the country’s economy. Prior to this position, Ms. Sayeh had a very successful career at the World Bank, where she led managerial and advisory-level positions ranging from Country Director for Benin, Niger and Togo, to Advisor to Mr. Sven Sandstrom, Managing Director of the World Bank.


“Antoinette Sayeh brings to the Fund impressive leadership and communications skills, as well as highly relevant policymaking experience,” Mr. Strauss-Kahn said. “She has a formidable track record, working closely with President Ellen Johnson-Sirleaf, in leading the government’s macroeconomic reform effort and rebuilding Liberia’s shattered post-war economy.”


Ms. Sayeh is expected to take up her new position on July 7.





SOURCE : International Monetary Fund (IMF)


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