Press Release No. 12/50

Press Release: Statement by IMF Managing Director Christine Lagarde on World Bank President Robert Zoellick

February 15, 2012

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today:

“Bob Zoellick has served the international community—including the membership of the World Bank Group and IMF—with great distinction. Bob will be leaving the Bank with a record of achievement of which he can be very proud. It has been a pleasure working with him both in my capacity as Managing Director and as a finance minister. I wish him the very best in his future endeavors, and look forward to maintaining a close working relationship with the Bank once a successor is chosen.”