IMF MD Proposes Appointment of Mr. Tao Zhang as Deputy Managing Director

IMF MD Proposes Appointment of Mr. Tao Zhang as Deputy Managing Director

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), announced today her proposal to appoint Mr. Tao Zhang as Deputy Managing Director, effective August 22, 2016. Mr. Zhang is currently Deputy Governor of the People’s Bank of China (PBOC).
He will succeed Mr. Min Zhu, who steps down on July 25 (see Press Release No. 16/297).
In announcing her selection of Mr. Zhang, Ms. Lagarde said:

“I am very pleased to propose Tao Zhang as the next Deputy Managing Director. Mr. Zhang brings a strong combination of international economic expertise, public sector policy making, and diplomatic skills. He also has extensive experience with international financial institutions, excellent communication and negotiating skills, and a superb knowledge of IMF policies and procedures. Indeed, he is very well known and highly respected here at the Fund, having served as Executive Director for China from 2011 to 2015.”

Source: IMF
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