{
  "title": "Press Release: IMF Deputy Managing Director Min Zhu to Leave the Fund",
  "publication": "IMF News, June 21, 2016",
  "sourceUrl": "https://www.imf.org/en/news/articles/2015/09/14/01/49/pr16297",
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  "summary": "Press Release No. 16/297",
  "publishDate": "2016-06-21",
  "sections": [
    {
      "heading": "Announcement and key dates",
      "content": "- Press Release No. 16/297\n- Publication date: June 21, 2016\n- Ms. Christine Lagarde announced that Deputy Managing Director Min Zhu intends to leave the Fund when his term expires in late July, 2016.\n- Mr. Zhu was appointed to a five-year term in July 2011.\n- Mr. Zhu served as Special Advisor to the Managing Director of the IMF from 2010 to 2011.\n- Media contact: IMF COMMUNICATIONS DEPARTMENT, Media Relations; E-mail: media@imf.org; Phone: 202-623-7100"
    },
    {
      "heading": "Roles, responsibilities, and contributions",
      "content": "- Provided “immense support” to the Managing Director and management colleagues, with noted “down-to-earth style, wonderful sense of humor, and warm personality.”\n- Spearheaded the Fund’s work on jobs and growth following the global financial crisis, when employment issues moved into focus due to the lackluster recovery.\n- Oversaw the Fund’s activities concerning fragile states, small states and low-income countries; supported expansion of outreach and publications in this area.\n- Provided leadership in:\n  - statistics, standards and codes\n  - strengthening the Financial Sector Assessment Program (FSAP)\n  - efforts to combat money laundering and the financing of terrorism\n- Contributed to the IMF’s risk management framework and helped reshape the Fund’s Annual Meetings, held jointly with the World Bank.\n- Brought strong relations with other institutions, including the World Bank, the UN family, the World Economic Forum, and other international and regional organizations."
    },
    {
      "heading": "Career background and education",
      "content": "- Prior positions:\n  - Deputy Governor of the People’s Bank of China (prior to joining the Fund in 2010)\n  - Worked at the World Bank\n  - Taught economics at Johns Hopkins University and Fudan University\n- Academic qualifications:\n  - Ph.D. in economics from Johns Hopkins University\n  - M.A. in economics from Johns Hopkins University\n  - M.P.A. from the Woodrow Wilson School of Public and International Affairs at Princeton University\n  - B.A. in economics from Fudan University"
    },
    {
      "heading": "Succession process and remarks",
      "content": "- The process is underway to identify a candidate to succeed Mr. Zhu as Deputy Managing Director; further announcements will follow in due course.\n- Ms. Lagarde: “I will miss Min dearly, both as a friend and a loyal and trusted advisor. I thank him for his tireless dedication and immense contributions to the Fund, and wish him the very best in the next exciting chapter of his life.”\n\nSource: IMF press release dated June 21, 2016.\n\n---\n\n Content in this bundle\n\n- Pr16297cpdf (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\n References\n\n- People's Republic of China and the IMF\n- Press Releases\n- PRESS CENTER\n- http://www.imf.org/external/np/omd/bios/zm.htm\n- https://www.imf.org/en/home\n\nSource: https://www.imf.org/en/news/articles/2015/09/14/01/49/pr16297"
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    "Published: June 21, 2016",
    "Press Release No. 16/297",
    "Publication date: June 21, 2016",
    "Ms. Christine Lagarde announced that Deputy Managing Director Min Zhu intends to leave the Fund when his term expires in late July, 2016.",
    "Mr. Zhu was appointed to a five-year term in July 2011.",
    "Mr. Zhu served as Special Advisor to the Managing Director of the IMF from 2010 to 2011.",
    "Media contact: IMF COMMUNICATIONS DEPARTMENT, Media Relations; E-mail: media@imf.org; Phone: 202-623-7100",
    "Provided “immense support” to the Managing Director and management colleagues, with noted “down-to-earth style, wonderful sense of humor, and warm personality.”",
    "Spearheaded the Fund’s work on jobs and growth following the global financial crisis, when employment issues moved into focus due to the lackluster recovery.",
    "Oversaw the Fund’s activities concerning fragile states, small states and low-income countries; supported expansion of outreach and publications in this area.",
    "Provided leadership in:",
    "Contributed to the IMF’s risk management framework and helped reshape the Fund’s Annual Meetings, held jointly with the World Bank.",
    "Brought strong relations with other institutions, including the World Bank, the UN family, the World Economic Forum, and other international and regional organizations.",
    "Prior positions:",
    "Academic qualifications:",
    "The process is underway to identify a candidate to succeed Mr. Zhu as Deputy Managing Director; further announcements will follow in due course.",
    "Ms. Lagarde: “I will miss Min dearly, both as a friend and a loyal and trusted advisor. I thank him for his tireless dedication and immense contributions to the Fund, and wish him the very best in the next exciting chapter of his life.”",
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    "[People's Republic of China and the IMF](http://www.imf.org/external/country/CHN/index.htm)",
    "[Press Releases](https://www.imf.org/en/news/searchnews)",
    "[PRESS CENTER](http://presscenter.imf.org/)",
    "[http://www.imf.org/external/np/omd/bios/zm.htm](https://www.imf.org/external/np/omd/bios/zm.htm)",
    "[https://www.imf.org/en/home](https://www.imf.org/en/home)"
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