Economics
IMF’s No. 2 Official Lipsky Will Leave Post on August 31
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John Lipsky, the first deputy managing director of the International Monetary Fund, will leave his post when his current term expires on Aug. 31, the IMF said by e-mail today.
The position, which Lipsky took over in September 2006, is the IMF’s second-highest and is traditionally held by a U.S. citizen. It gives the 64-year-old Lipsky a high profile that includes rounds of speeches at various forums and occasionally serving as chairman of IMF meetings.