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International Monetary Fund


 

:This page is about the International Monetary Fund; IMF can also mean the International Metalworkers' Federation, a global union federation.

Past managing directors

An unwritten rule establishes that the IMF's managing director must be European and the president of the World Bank from United States. Executive Directors, who confirm the managing director are voted in by Finance Ministers from countries they represent.

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The IMF is for the most part controlled by the major Western Powers, with voting rights on the Executive board based on a quota derived from a monetary stake in the institution. Rarely does the board vote and pass issues contradicting the will of the US or Europeans. There have been some exceptions in the past. Dr. Mohamed Finaish from Libya, the Executive Director representing the majority of the Arab World and Pakistan, was a tireless defender of the developing nations' rights at the IMF. He stood steadfast in his beliefs and principles for fourteen years until his defeat in the 1992 elections to an Egyptian IMF Staff Member.

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DatesNameCountry

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May 1946-May 6, 1951Camille GuttBelgium

Related Topics:
May - 1946 - May 6 - 1951 - Camille Gutt - Belgium

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August 1951-October 1956Ivar RoothSweden

Related Topics:
August - 1951 - October - 1956 - Ivar Rooth - Sweden

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December 1956-May 5, 1963Per JacobssonSweden

Related Topics:
December - 1956 - May 5 - 1963 - Per Jacobsson - Sweden

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September 1, 1963-September 1, 1973Pierre-Paul SchweitzerFrance

Related Topics:
September 1 - 1963 - 1973 - Pierre-Paul Schweitzer - France

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September 1, 1973-June 17, 1978Johannes WitteveenNetherlands

Related Topics:
September 1 - 1973 - June 17 - 1978 - Johannes Witteveen - Netherlands

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June 17, 1978-January 16, 1987Jacques de LarosièreFrance

Related Topics:
June 17 - 1978 - January 16 - 1987 - Jacques de Larosière - France

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January 16, 1987-February 14, 2000Michel CamdessusFrance

Related Topics:
January 16 - 1987 - February 14 - 2000 - Michel Camdessus - France

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May 1, 2000-March 4, 2004Horst KöhlerGermany

Related Topics:
May 1 - 2000 - March 4 - 2004 - Horst Köhler - Germany

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March 4, 2004-May 4, 2004Anne KruegerUnited States -(acting)

Related Topics:
March 4 - 2004 - May 4 - Anne Krueger - United States

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May 4, 2004-presentRodrigo RatoSpain

Related Topics:
May 4 - 2004 - Rodrigo Rato - Spain

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