Press Release No. 16/460

IMF Executive Board Selects Charles Collyns as Director of the IEO

October 14, 2016

The Executive Board of the International Monetary Fund (IMF) has selected Mr. Charles Collyns as Director of the Independent Evaluation Office of the IMF. He will succeed Mr. Moíses Schwartz of Mexico, whose term will expire on January 31, 2017.

Mr. Collyns has been Managing Director and Chief Economist of the Institute of International Finance since August 2013. Between February 2010 and July 2013, he served as Assistant Secretary for International Finance at the United States Department of the Treasury. Prior to that Mr. Collyns held several senior positions at the IMF, including Deputy Director of the Research Department and of the Western Hemisphere Department.

Mr. Collyns, a national of the United States and the United Kingdom, earned a bachelor’s degree in economics from Cambridge University and an MPhil and DPhil in economics from Oxford University.

Mr. Collyns will assume his duties on February 1, 2017.

Background

The Independent Evaluation Office (IEO) was established by the Executive Board of the IMF in April 2000 (see Press Release No. 00/27). It is independent from Fund management and staff, and reports directly to the Executive Board on its findings.

The Director of the IEO is be appointed by the Executive Board for a non-renewable term of six years. In exceptional circumstances, the term may be extended by the Executive Board by no more than one year. (See IEO Terms of Reference)

Further information on the objectives and activities of the Independent Evaluation Office may be found at http://www.ieo-imf.org/ieo/pages/IEOHome.aspx