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Statement September 25, 2019

Statement on Kristalina Georgieva’s Appointment as Managing Director of the International Monetary Fund

WASHINGTON, September 25, 2019 — World Bank Group President David Malpass today released the following statement on the appointment of Kristalina Georgieva as Managing Director of the International Monetary Fund: 

On behalf of the entire World Bank Group, I would like to express our sincere congratulations to Kristalina Georgieva upon her appointment as Managing Director of the International Monetary Fund.

At the World Bank, Kristalina has led with judgment and determination, putting all her efforts into delivering our core mandate of reducing poverty and promoting shared and sustainable prosperity. She has rightly positioned the institution to promote growth and development, connecting our work to key agendas such as jobs, human capital, debt, trade, and technological disruption. Among her many accomplishments have been her leadership on supporting fragile countries; her commitment to women’s empowerment as a development issue; and her passion for addressing the effects of climate change.

With Kristalina at the helm of the IMF, we look forward to the Bank Group and Fund working more closely together than ever.”


David Theis
(202) 458-8626