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Will Lagarde renew? IMF opens nominations for managing director

IMF Managing Director Christine Lagarde during a session at the World Economic Forum in Davos, on January 20, 2016The International Monetary Fund said nominations for the five-year term to run the global crisis bank beginning in July will close on February 10. After a review of the candidates, the IMF executive board aims to have decided on a candidate by March 3. Lagarde, the former French finance minister who has overseen the IMF through the challenging eurozone bailouts and is widely respected in the global financial community, has not said directly that she wants to renew her position.

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