European Union governments have chosen Bulgaria's Kristalina Georgieva as their candidate to lead the International Monetary Fund (IMF), although her official appointment is not yet certain.
The 65-year-old Georgieva on August 2 won the support of the majority of the 28 EU states after two rounds of voting, the bloc announced.
"It is an honor to be nominated as a candidate for the role," Georgieva said on Twitter.
AFP cited a source as saying Georgieva won the support of 56 percent of EU countries representing 57 percent of the bloc’s population.
The qualified majority voting rules mean an outright winner should have the support of at least 55 percent of the member states representing 65 percent of the EU's 500 million people, indicating that the August 2 vote may not be the final word in the process.
Georgieva, a center-right politician, has served since 2017 as chief executive of the World Bank, the body’s No. 2 position. Following the EU vote, she said that she had requested "administrative leave" from her World Bank post.
In 2016, the economist was a candidate to become UN secretary-general before losing out to Antonio Guterres of Portugal.
Her age may also be an issue. Georgieva turns 66 on August 13, putting her candidacy up against a rule that the IMF's managing director must be under 65 when appointed.
Members could make an exception for her, but sources have told news agencies that such a move remains uncertain. Reuters reported that Washington had given its support to Georgieva, a big step toward her eventual approval.
Georgieva was born on August 13, 1953, in Sofia, capital of then-communist Bulgaria.
After earning a PhD in economic science, Georgieva taught at the London School of Economics, the Massachusetts Institute of Technology, and Harvard Business School.
She was also World Bank director for Russia, based in Moscow, in 2004. She is fluent in Russia, along with English.
The IMF is accepting nominations through September 6 and plans to select its new leader by October 4.
By agreement, a European traditionally leads the IMF, while an American heads the World Bank.
The 189-country IMF provides members with economic advice and financial assistance.
Christine Lagarde on July 16 submitted her resignation as chief of the IMF, an expected move after she was nominated to be the next president of the European Central Bank.
With reporting by AFP, dpa, AP, and Reuters
Editors' Picks
Top Trending
1
Georgian President Won't Recognize Vote Results, Calls For Protests, Alleges Russian Interference
2What North Korean Troops In Russia Mean For Beijing
3After Preliminary Election Results, Disappointment For Georgia's Opposition
4'They Stole Your Vote,' Georgian President Says, As Tens Of Thousands Rally To Protest Elections
5North Korean Troops Are 'Fair Game' In Russia's War Against Ukraine
6Georgian Dream Hails Victory, While Opposition Decries 'Stolen Election'
7Ukraine Live Briefing: U.S. Sanctions Hundreds For Supporting Invasion
8NATO Confirms North Korean Troops In Russia, Says It Shows Putin's 'Desperation'
9How The World Sees The Disputed Georgian Elections
10Bulgarian Exit Polls Raise Fears Of Another Prolonged Political Stalemate
RFE/RL has been declared an "undesirable organization" by the Russian government.
If you are in Russia or the Russia-controlled parts of Ukraine and hold a Russian passport or are a stateless person residing permanently in Russia or the Russia-controlled parts of Ukraine, please note that you could face fines or imprisonment for sharing, liking, commenting on, or saving our content, or for contacting us.
To find out more, click here.