Washington, DC –
Ms. Kristalina Georgieva, Managing Director of the International Monetary
Fund (IMF), announced today her intention to name Mr. Ceda Ogada as the
Secretary of the Fund and Director of the Secretary’s Department. Mr. Ogada
succeeds Mr. Jianhai Lin, whose retirement was announced previously [
link
]. Mr. Ogada is expected to begin his work in this capacity on September 1,
2020.
“Ceda has outstanding institutional knowledge, strategic and intellectual
heft, and people leadership. His unparalleled ability to bring people
together, combined with his profound appreciation of the Fund’s
institutional history and legal principles, as well as a strong service
orientation, will help the Fund to even more effectively serve our member
countries in a very challenging economic environment,” Ms. Georgieva
stated.
Mr. Ogada joined the IMF’s Legal Department in 1999 and rose through the
ranks to become Deputy General Counsel in 2014. During this time, he has
worked on virtually all aspects of the Fund’s work, including advising on
the governance of the Fund, on country operations, helping to develop Fund
policies and implementation guidance, and providing technical assistance to
member countries. Key projects that he has worked on include the Fund’s
enhanced policy to address governance and corruption issues; ensuring the
adequacy of the Fund’s lending resources; reforms in lending policy such as
the establishment of the Flexible Credit Line (FCL) and the Catastrophe
Containment and Relief Trust (CCRT); reviews on surveillance policy and
capacity development strategy; and transparency, archives and
communications policies. Mr. Ogada was heavily involved in the work on euro
area crisis countries during the global financial crisis. More recently, he
has led the Legal Department’s work in promoting good governance and
transparency in several countries, including with respect to the use of
emergency financing for the COVID-19 crisis.
Prior to joining the Fund, Mr. Ogada worked at the United Nations
Conference on Trade and Development as a legal expert and before that he
was in private legal practice in the United States. He holds a Juris Doctor
from Harvard Law School and a B.A. in history from Dartmouth College. Mr.
Ogada is a citizen of Kenya.