Press Release No. 99/30

The Executive Board of the International Monetary Fund (IMF) has adopted the following Resolution of Appreciation for outgoing Deputy Managing Director Alassane D. Ouattara:

"WHEREAS on July 31, 1999, Mr. Alassane D. Ouattara will relinquish the post of Deputy Managing Director which he has held since July 1, 1994, after having served as a staff member from 1968 to 1973 and from 1984 to 1988, thus completing a record of distinguished service in the Fund; and

"WHEREAS Mr. Ouattara, with his vast experience inside and outside the Fund, brought an invaluable dimension to our work here; and

"WHEREAS Mr. Ouattara, throughout his career at the Fund, has devoted himself wholeheartedly to the service of the institution and made a lasting contribution to the Fund's efforts to help members address challenges and benefit from opportunities in an era of globalizing financial markets; and

"WHEREAS Mr. Ouattara has brought with him the highest qualities of public service, marked by absolute rectitude and public spiritedness, and unequaled courtesy and generosity, which he extended to all of us; and

"WHEREAS Mr. Ouattara has been valued as friend and counselor by Executive Directors and staff members alike;

"NOW THEREFORE IT IS RESOLVED: That the members of the Executive Board express unanimously to Mr. Ouattara their tribute to his committed service to the Fund; their appreciation for his outstanding achievements during his period of service; their hope that they may continue to count on his friendship; and their best wishes for satisfaction and fulfillment in his future activities."