1. Lagarde to Become Managing Director and Chairman of the IMF
... ). Lagarde will succeed Dominque Strauss-Kahn, who was recently arrested in New York for sexual assault. Lagarde is the first woman to hold this position and was selected by a consensus vote (Rooney), "I am deeply honored have the trust placed in me by the Executive Board. I would like to thank the Fund's global membership warmly for the broad-based support I have received. I would also like to express my respect and ... esteem for my colleague and friend, Agustin Carstens," she said (Rooney). The global financial institution desperately needed a new leader because ... ...
- Word Count: 519
- Approx Pages: 2
- Has Bibliography
- Grade Level: Undergraduate