Press Release: IMF Managing Director Horst Köhler Proposes Appointment of Mexico's Deputy Secretary of Finance Agustín Carstens as Deputy Managing Director of the IMF

IMF News, May 29, 2003

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Canonical URL: Press Release: IMF Managing Director Horst Köhler Proposes Appointment of Mexico's Deputy Secretary of Finance Agustín Carstens as Deputy Managing Director of the IMF

Press Release No. 03/74
Date: May 29, 2003
Horst Köhler, Managing Director of the International Monetary Fund (IMF), proposed the appointment of Agustín Carstens (Mexico's Deputy Secretary of Finance) to the position of Deputy Managing Director of the IMF.
Mr. Carstens would succeed Eduardo Aninat, who had earlier announced his decision to leave the IMF in June 2003 (See Press Release No. 03/30, March 7, 2003).
The appointment requires the approval of the IMF's Executive Board, which is expected shortly.

Mr. Köhler and his management colleagues, Anne Krueger and Shigemitsu Sugisaki, expressed that they look forward to Mr. Carstens joining the IMF management team.
Cited qualifications: extensive experience as a central banker, service at Mexico's Ministry of Finance, and experience in the international policymaking arena.
Expected outcome: Mr. Carstens will build upon the distinguished contribution of his predecessor Eduardo Aninat.

Current position: Deputy Secretary of Finance of Mexico (assumed present position in December 2000).
- Responsibilities in that role included:
- Economic policymaking at the national level.
- Managing Mexico's external and internal debt.
- Financial sector supervision and legislation.
- Acting as a key interlocutor on behalf of the government with the Mexican parliament.
1999-2000: Served as an Executive Director at the IMF (representing Costa Rica, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Spain and Venezuela).
Banco de México (central bank) career highlights:
- Director General, Economic Research.
- Chief of Staff in the Governor's office.
Other roles:
- Organizer of the United Nations Conference on Financing for Development in Monterrey.
- Organizer of meetings of the Group of 20.
- Alternate Governor for Mexico at the InterAmerican Development Bank and the World Bank.

Age: 44.
Education:
- B.A. in Economics from the Instituto Tecnológico Autónomo de México (ITAM).
- Ph.D in Economics from the University of Chicago.
Personal: Married to Catherine Mansell.

Press Release No. 03/74 — May 29, 2003; International Monetary Fund.