## Press Release: IMF Deputy Managing Director Min Zhu to Leave the Fund

_IMF News, June 21, 2016_

## Source details

**Canonical URL:** [Press Release: IMF Deputy Managing Director Min Zhu to Leave the Fund](https://www.imf.org/en/news/articles/2015/09/14/01/49/pr16297)

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## Bibliographic details
- Published: June 21, 2016

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### Announcement and key dates
- 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

### Roles, responsibilities, and contributions
- 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:
  - statistics, standards and codes
  - strengthening the Financial Sector Assessment Program (FSAP)
  - efforts to combat money laundering and the financing of terrorism
- 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.

### Career background and education
- Prior positions:
  - Deputy Governor of the People’s Bank of China (prior to joining the Fund in 2010)
  - Worked at the World Bank
  - Taught economics at Johns Hopkins University and Fudan University
- Academic qualifications:
  - Ph.D. in economics from Johns Hopkins University
  - M.A. in economics from Johns Hopkins University
  - M.P.A. from the Woodrow Wilson School of Public and International Affairs at Princeton University
  - B.A. in economics from Fudan University

### Succession process and remarks
- 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.”

*Source: IMF press release dated June 21, 2016.*

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## Content in this bundle

- [Pr16297cpdf (PDF)](/-/media/websites/imf/imported/external/chinese/np/sec/pr/2016/pr16297cpdf.pdf){rel="external" type="application/pdf"}

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## References

- [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)

_Source: https://www.imf.org/en/news/articles/2015/09/14/01/49/pr16297_