## Press Release: IMF Managing Director Dominique Strauss-Kahn Resigns

_IMF News, May 18, 2011_

## Source details

**Canonical URL:** [Press Release: IMF Managing Director Dominique Strauss-Kahn Resigns](https://www.imf.org/en/news/articles/2015/09/14/01/49/pr11187)

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## Bibliographic details
- Published: May 18, 2011

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### Announcement
- Press Release No. 11/187
- Date: May 18, 2011
- Mr. Dominique Strauss-Kahn informed the Executive Board of the International Monetary Fund (IMF) of his intention to resign as Managing Director with immediate effect.
- The Fund will communicate in the near future on the Executive Board’s process of selecting a new Managing Director.
- Meanwhile, Mr. John Lipsky remains Acting Managing Director.

### Excerpt of Dominique Strauss-Kahn’s formal letter of resignation
- Opening salutation: "Ladies and Gentlemen of the Board:"
- Exact quoted passages from the letter:
  - "It is with infinite sadness that I feel compelled today to present to the Executive Board my resignation from my post of Managing Director of the IMF."
  - "I think at this time first of my wife—whom I love more than anything—of my children, of my family, of my friends."
  - "I think also of my colleagues at the Fund; together we have accomplished such great things over the last three years and more."
  - "To all, I want to say that I deny with the greatest possible firmness all of the allegations that have been made against me."
  - "I want to protect this institution which I have served with honor and devotion, and especially—especially—I want to devote all my strength, all my time, and all my energy to proving my innocence."
- Signature line in the letter: "Dominique Strauss-Kahn"

### Institutional next steps (as stated)
- The Fund will provide further communication regarding the Executive Board’s process for selecting a new Managing Director.

*Source: Press Release No. 11/187, May 18, 2011*

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## References

- [Press Releases](https://www.imf.org/en/news/searchnews)
- [Factsheet: Managing Director Selection Process](https://www.imf.org/external/np/exr/facts/mdsp.htm)
- [PRESS CENTER](http://presscenter.imf.org/)
- [https://www.imf.org/en/home](https://www.imf.org/en/home)

_Source: https://www.imf.org/en/news/articles/2015/09/14/01/49/pr11187_