The International Monetary Fund said on Thursday it expedited the appointment of...
WASHINGTON - The International Monetary Fund said on Thursday it expedited the appointment of U.S. Treasury official Geoffrey Okamoto to its No. 2 position effective March 30 as member countries struggle with the economic impacts of the coronavirus.
Okamoto, 35, has been coordinating U.S. participation in G20 and G7 finance meetings and the Treasury’s interactions with the IMF, the World Bank and other international financial institutions. But he lacks the experience in international economic policy and crisis management that his IMF predecessors had, including David Lipton, John Lipsky and Stanley Fischer.
“The IMF is putting all hands on-deck to help our membership address this crisis — and Geoffrey will play a key role in our efforts,” Georgieva added.
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