Economics

IMF Board Keeps Georgieva as Chief After Data Scandal Review

Member nations affirm confidence in lender’s managing director
Yellen says allegations raised ‘legitimate’ concerns

IMF Board Decides to Keep Georgieva as Managing Director

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By Eric Martin and Saleha Mohsin

October 12, 2021 at 2:13 AM UTC

Updated on

October 12, 2021 at 5:28 AM UTC

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Kristalina Georgieva will remain as head of the International Monetary Fund after the lender’s board reviewed accusations that she improperly influenced a World Bank ranking of China’s business climate.