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IMF appoints Chinese economist as secretary

THE International Monetary Fund today announced the appointment of Lin Jianhai as its new secretary – making him the second Chinese national hold an important position at the fund.

"Jianhai has had a wide-ranging fund career in both country and policy work," said the fund's Managing Director Christine Lagarde in a statement. "This breadth of experience has been of particular benefit to the IMF, where Jianhai's skill in building consensus among staff, management and our global membership has been essential for the productive work of the Executive Board during one of the most challenging periods in the fund's history."

Lin, 57, joined the fund in 1989 after working in the financial sector and academia. He was born in Wenzhou, Zhejiang Province, and studied at the University of International Business and Economics in Beijing and at the University of California, Berkeley. He holds a doctorate in international finance from George Washington University.

Lin has been acting director of the IMF's Secretary's Department since November of last year. The Secretary's Department has operational responsibility for the 24-member Executive Board of the IMF, and also serves as the regular point of contact with the fund's 187 member countries on institutional matters.

His appointment will take effect on March 22.

Last July, Chinese economist Zhu Min was selected to become the fund's deputy managing director, the first Chinese to hold a senior position in this organization.



 

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