WASHINGTON: Former French finance minister Christine Lagarde took over as the new head of the International Monetary Fund Tuesday with fresh questions over Portugal's bailout posing an immediate challenge.
The first woman to head the world's key crisis lender, Lagarde takes over in the wake of countryman Dominique Strauss-Kahn, who quit in May to fight sexual assault charges.
Although not an economist, the 55-year-old gained wide respect as France's point-woman during its leadership of the G20 as well as in European debt talks over the past three years.
She spent her first day at the IMF's Washington headquarters in meetings with the Fund's management team, the executive board, department chiefs and other staff.
The first woman to head the world's key crisis lender, Lagarde takes over in the wake of countryman Dominique Strauss-Kahn, who quit in May to fight sexual assault charges.
Although not an economist, the 55-year-old gained wide respect as France's point-woman during its leadership of the G20 as well as in European debt talks over the past three years.
She spent her first day at the IMF's Washington headquarters in meetings with the Fund's management team, the executive board, department chiefs and other staff.
Source: The News
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