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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

Bloomberg business news — IMF Board Decides to Keep Georgieva as Managing Director

By

Eric Martin and

October 12, 2021, 2:13 AM UTCUpdated onOctober 12, 2021, 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.