World News

IMF Deputy Managing Director Tao Zhang to Leave the Fund

June 7, 2021/IMF International Monetary Fund Managing Director Kristalina Georgieva announced today that Deputy Managing Director Tao Zhang intends to conclude his service when his term expires on August 20, 2021. Mr. Zhang was appointed to a five-year term in August 2016. “For the past five years, Tao has been […]

Outlook on Africa Finance Corporation’s Rating Raised to Stable by Moody’s

• Moody’s improves AFC’s outlook to stable from negative, affirming A3 long-term issuer and senior unsecured ratings • Stable outlook “underlines the resilience of AFC’s credit profile in the face of significant shock” from Covid pandemic, says Moody’s • A3 rating affirmation underpinned by AFC’s intrinsic financial strength, which includes […]

Kalpana Kochhar, Director of the Human Resources Department, to Retire from the IMF

June 2, 2021/IMF Ms. Kalpana Kochhar, Director of the Human Resources Department (HRD) at the International Monetary Fund (IMF), has notified Managing Director Kristalina Georgieva of her intention to retire from the IMF on July 30, 2021. Ms. Kochhar will take up a position as Director of Development Policy and […]