Lagarde IMF job 'victory for France': presidency

28th June 2011, Comments 0 comments

French Finance Minister Christine Lagarde's nomination Tuesday as the first female head of the International Monetary Fund is a "victory for France", President Nicolas Sarkozy's office said.

Lagarde, respected for her leadership during Europe's financial crisis, was chosen to replace fellow French national Dominique Strauss-Kahn, who resigned after his arrest in New York for the alleged sexual assault of a hotel maid.

Lagarde said on the Twitter online message service: "I am honoured and delighted that the Board has entrusted me with the position of MD (managing director) of the IMF!"

"The French presidency is delighted that a woman is taking up this major international responsibility," an official in his office, who asked not to be named, told AFP, calling her nomination "a victory for France."

Lagarde said on TF1 television that Sarkozy had telephoned to congratulate her.

© 2011 AFP

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