IMF Managing Director Christine Lagarde Appoints Jihad Azour as Director of the Middle East and Central Asia Department
IMF News, December 1, 2016
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- IMF Managing Director Christine Lagarde Appoints Jihad Azour as Director of the Middle East and Central Asia Department
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- Published: December 1, 2016
Appointment summary
- Appointment announced by Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF).
- Jihad Azour will assume the new position on March 1, 2017.
- He will replace Masood Ahmed, who left the Fund in October.
- Press Release No. 16/532
Rationale and expected role
- Ms. Lagarde: “Mr. Azour brings a very well-rounded perspective, having held senior leadership roles both in government, as Lebanon’s Minister of Finance, and in private sector firms.”
- Ms. Lagarde: “Combining analytical insight and a proven ability to bring people together collaboratively and constructively, he will help the Fund contribute effectively and pragmatically to the key issues facing the region today.”
- Role: Director of the Middle East and Central Asia Department — expected to contribute to key regional issues through pragmatic and effective engagement.
Career and relevant experience
- Served as Lebanon’s Finance Minister from 2005-2008.
- Coordinated implementation of important reform initiatives at the national level and within the Finance Ministry.
- Spearheaded the Paris III International Conference for Lebanon, which was instrumental in raising international financial support for Lebanese reconstruction.
- Chaired the G8-MENA Ministerial Group from 2006–2008, bringing together finance ministers and central bank governors from the G8 and Middle East and North Africa region.
- Private sector roles:
- Vice president and senior executive advisor at Booz and Company from 2009-2013.
- Since 2013, managing partner at advisory and investment firm Inventis Partners (described as “since then” in the source).
- Advisory and panel involvement:
- Sat on the Fund’s Advisory Group for the Middle East.
- Sat on the World Bank’s Independent Panel of Experts.
Education and research credentials
- PhD in International Finance, Institut d'Etudes Politiques de Paris.
- Post-graduate degree in International Economics and Finance, Institut d'Etudes Politiques de Paris.
- Post-doctoral research on emerging economies and their integration into the global economy as a post-doctoral fellow at Harvard.
- Master’s degree in Applied Economics and Finance from Dauphine University, Paris.
- Dual national of France and Lebanon.
Media contact
- IMF Communications Department, MEDIA RELATIONS
- PRESS OFFICER: Wafa Amr
- Phone: +1 202 623-7100
- Email: MEDIA@IMF.org
Press Release No. 16/532, December 1, 2016 (IMF).