Statement by Mr. Dominique Strauss-Kahn on His Selection as Managing Director of the IMF

Mr. Dominique Strauss-Kahn issued the following statement today after the Executive Board of the International Monetary Fund (IMF) selected him as the next IMF Managing Director:

"The Executive Board of the International Monetary Fund has just chosen me to succeed Rodrigo de Rato as Managing Director. 

"This is for me a joy, honor, and responsibility. I want to thank Jean-Claude Juncker, thanks to whom all of this started; Nicolas Sarkozy, who supported my candidacy strongly in France's name; the Ministers of the European Union who trusted me, and more broadly all of those who voiced their support.

"Given the strong legitimacy derived from the very broad support I received, notably from emerging market and low-income countries, I am determined to pursue without delay the reforms needed for the IMF to make financial stability serve the international community, while fostering growth and employment."