{
  "title": "Statement by the IMF’s Executive Board: Managing Director Lagarde Resigns with Effect from September 12; Executive Board Indicates Selection Process to Start Promptly",
  "publication": "IMF News, July 16, 2019",
  "sourceUrl": "https://www.imf.org/en/news/articles/2019/07/16/pr19281-statement-imf-executive-board-managing-director-lagarde-resigns-selection-process-starts",
  "canonical": "https://www.imf.org/en/news/articles/2019/07/16/pr19281-statement-imf-executive-board-managing-director-lagarde-resigns-selection-process-starts",
  "overlayPath": "/en/news/articles/2019/07/16/pr19281-statement-imf-executive-board-managing-director-lagarde-resigns-selection-process-starts/index.md",
  "summary": "Press Release No. 19/281",
  "publishDate": "2019-07-16",
  "sections": [
    {
      "heading": "Key actions and timelines",
      "content": "- Press Release No. 19/281\n- Date: July 16, 2019\n- The IMF Executive Board accepted Managing Director Christine Lagarde’s resignation from the Fund with effect from September 12, 2019.\n- The Executive Board will initiate promptly the process of selecting the next Managing Director and will communicate in a timely fashion.\n- Mr. David Lipton remains Acting Managing Director of the Fund in the interim period."
    },
    {
      "heading": "Executive Board appraisal and legacy summary",
      "content": "- The Executive Board expressed its “greatest appreciation for all that Managing Director Lagarde has done for the institution.”\n- Under Ms. Lagarde’s guidance, the Fund:\n  - “successfully helped its members navigate a complex and unprecedented set of challenges, including the impact of the global financial crisis and its aftershocks.”\n  - “excelled in serving its entire membership” with cutting-edge policy advice supported by ground-breaking analytical work on a range of macro-critical issues.\n- The Board described her stewardship as “exceptional” and credited her with “innovative and visionary leadership.”"
    },
    {
      "heading": "Media and contact information",
      "content": "- IMF Communications Department\n- MEDIA RELATIONS\n- PRESS OFFICER:\n  - Phone: +1 202 623-7100\n  - Email: MEDIA@IMF.org\n- Twitter: @IMFSpokesperson\n\nStatement by the IMF Executive Board, July 16, 2019.\n\n---\n\n Content in this bundle\n\n- INTERNATIONAL MONETARY FUND — Resignation Letter from Christine Lagarde (July 16, 2019)\n  - INTERNATIONAL MONETARY FUND — Resignation Letter from Christine Lagarde (July 16, 2019) (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - INTERNATIONAL MONETARY FUND — Resignation Letter from Christine Lagarde (July 16, 2019) (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\n References\n\n- Christine Lagarde\n- Statement by Managing Director Christine Lagarde\n- Press Releases\n- PRESS CENTER\n- https://www.imf.org/en/home\n\nSource: https://www.imf.org/en/news/articles/2019/07/16/pr19281-statement-imf-executive-board-managing-director-lagarde-resigns-selection-process-starts"
    }
  ],
  "bullets": [
    "[Markdown version](/en/news/articles/2019/07/16/pr19281-statement-imf-executive-board-managing-director-lagarde-resigns-selection-process-starts/index.md)",
    "[Structured JSON version](/en/news/articles/2019/07/16/pr19281-statement-imf-executive-board-managing-director-lagarde-resigns-selection-process-starts/index.json)",
    "[Bundle manifest](/en/news/articles/2019/07/16/pr19281-statement-imf-executive-board-managing-director-lagarde-resigns-selection-process-starts/bundle-manifest.json)",
    "Published: July 16, 2019",
    "Press Release No. 19/281",
    "Date: July 16, 2019",
    "The IMF Executive Board accepted Managing Director Christine Lagarde’s resignation from the Fund with effect from September 12, 2019.",
    "The Executive Board will initiate promptly the process of selecting the next Managing Director and will communicate in a timely fashion.",
    "Mr. David Lipton remains Acting Managing Director of the Fund in the interim period.",
    "The Executive Board expressed its “greatest appreciation for all that Managing Director Lagarde has done for the institution.”",
    "Under Ms. Lagarde’s guidance, the Fund:",
    "The Board described her stewardship as “exceptional” and credited her with “innovative and visionary leadership.”",
    "IMF Communications Department",
    "MEDIA RELATIONS",
    "PRESS OFFICER:",
    "Twitter: @IMFSpokesperson",
    "**INTERNATIONAL MONETARY FUND — Resignation Letter from Christine Lagarde (July 16, 2019)**",
    "[Christine Lagarde](https://www.imf.org/en/About/senior-officials/Bios/christine-lagarde)",
    "[Statement by Managing Director Christine Lagarde](https://www.imf.org/en/news/articles/2019/07/16/pr19280-statement-by-managing-director-christine-lagarde)",
    "[Press Releases](https://www.imf.org/en/news/searchnews)",
    "[PRESS CENTER](http://presscenter.imf.org/)",
    "[https://www.imf.org/en/home](https://www.imf.org/en/home)"
  ],
  "related": [
    {
      "title": "INTERNATIONAL MONETARY FUND — Resignation Letter from Christine Lagarde (July 16, 2019)",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/files/news/press-release/2019/md-resignation-letter.pdf",
      "summary": {
        "path": "/-/media/files/news/press-release/2019/md-resignation-letter.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/files/news/press-release/2019/md-resignation-letter.pdf",
        "mime": "application/pdf"
      }
    }
  ],
  "alternates": {
    "markdown": "/en/news/articles/2019/07/16/pr19281-statement-imf-executive-board-managing-director-lagarde-resigns-selection-process-starts/index.md",
    "json": "/en/news/articles/2019/07/16/pr19281-statement-imf-executive-board-managing-director-lagarde-resigns-selection-process-starts/index.json",
    "bundleManifest": "/en/news/articles/2019/07/16/pr19281-statement-imf-executive-board-managing-director-lagarde-resigns-selection-process-starts/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-25T22:59:00.952Z"
}