Next IMF chief must be ‘ready to go to war’ – trade and currency, strategist says

The next head of the International Monetary Fund (IMF) will have to deal with trade wars, currency manipulation and new digital currencies, a strategist told CNBC Monday.

On Monday, the IMF opened the official process to choose its next chief, after Christine Lagarde resigned earlier this month to take on a new role. Throughout the Fund’s history, the managing director has always been from Europe and the 28 European countries are gearing up to rally behind another European to take on the job.