Lagarde to audition with IMF board for top job

23rd June 2011, Comments 0 comments

French Finance Minister Christine Lagarde will make her bid to lead the International Monetary Fund in a meeting Thursday with the executive board, an IMF spokesman confirmed.

"Later today, that means probably around midday, Christine Lagarde will meet with the executive board and her statement will also be released later," spokesman David Hawley said at a news briefing.

Lagarde's interview with the board comes two days after her rival for the top job, Agustin Carstens, Mexico's central bank governor, made his case to the 24-member body that will select the next managing director.

Carstens's statement to the board was released after the meeting.

"That sequence is being repeated today with Madame Lagarde," Hawley said.

Hawley declined to comment on the candidates' meetings with the board.

The board's scheduled meeting Tuesday, June 28, is aimed "at completing the selection process by June 30. At that time, the selection will be announced via press release."

"No start date has been agreed for the next managing director," he added.

© 2011 AFP

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