Prime Minister Dr Abiy Ahmed has congratulated Kristalina Georgieva, CEO of the World Bank, for her nomination as Managing Director of the International Monetary Fund (IMF).
“A seasoned economist & strong woman leader, PM Abiy shared that he has no doubt Ms. Georgieva will provide sound leadership to the international organization,” said a statement issued by office of the PM.
Ms Georgieva has been CEO of the World Bank since the beginning of 2017 and served as interim president after Jim Yong Kim unexpectedly resigned in January.
She was passed over for the permanent posting in favour of the US candidate David Malpass.
The Bulgarian national has a long history of working at multilaterals, serving at the European Commission and the UN.
She first joined the World Bank in 1993 as an environmental economist and has worked for the organization across Asia and in Russia.
Should she be appointed in October, she would become the first eastern European national to take charge of the Fund.