Category Archives: Business

Lagarde becomes first woman to lead IMF

By Liz Alderman As predicted just over a month ago on these pages (March 23, 2011), French Finance Minister Christine Lagarde has become the first woman to be appointed to the helm of the International Monetary Fund (IMF), taking on one of the most powerful positions in global finance as a worsening crisis in Greece threatens the euro currency union and rattles financial markets worldwide. Mrs Lagarde’s victory was sealed when the U.S. Treasury secretary Timothy F. Geithner said the United States would endorse her over the Mexican central bank governor Agustín Carstens — her only competitor for the job. “Minister Lagarde’s exceptional talent and broad experience will provide invaluable … Continue reading

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