Lagarde Pledges Change of Style |
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July 6, 2011
Christine Lagarde, the new managing director of the International Monetary Fund, on Wednesday promised a more inclusive style of management and warned about financial contagion if European governments defaulted on debt.
Christine Lagarde, the new managing director of the International Monetary Fund, on Wednesday promised a more inclusive style of management and warned about financial contagion if European governments defaulted on debt.P
Ms Lagarde, who took office on Tuesday, said she would adopt a more collaborative management style than Dominique Strauss-Kahn, her predecessor, and draw in people from a variety of educational and national backgrounds. Reforms to the way the IMF is governed “should also reflect in our employment policies, in our training policies, in the way in which we build teams, in the way in which we organise recruitment so that people are not clones of each other”, she said.
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