## IMFC selects Nadia Calviño, Spain’s First Vice President, as new Chair

_IMF News, December 23, 2021_

## Source details

**Canonical URL:** [IMFC selects Nadia Calviño, Spain’s First Vice President, as new Chair](https://www.imf.org/en/news/articles/2021/12/23/pr21404-imfc-selects-nadia-calvino-as-new-chair)

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## Bibliographic details
- Published: December 23, 2021

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### Selection and term
- The members of the International Monetary and Financial Committee (IMFC) have selected Ms. Nadia Calviño as Chair of the Committee for a term of two years, effective January 3, 2022.
- Ms. Calviño will succeed Ms. Magdalena Andersson, Prime Minister of Sweden and former Finance Minister, who will relinquish her duties as IMFC Chair at the end of December 2021.
- Ms. Andersson has chaired the IMFC since January 18, 2021 and was the first woman to hold the position.
- Ms. Calviño will serve for the remaining two years of the Chair’s three-year term.

### Biography and qualifications of Ms. Nadia Calviño
- First Vice President of Spain since July 2021.
- Minister for Economy and Digitalization since 2018.
- Held other senior roles within the Ministry prior to the ministerial post.
- Served in senior positions in several directorates-general at the European Commission, including as Director General in charge of the EU Budget from 2014 to 2018.
- Has lectured at the Faculty of Economics at the Universidad Complutense of Madrid.
- Holds degrees in economics and law.
- Awards and honors:
  - Commendation of the Order of Civil Merit in 2015.
  - 2021 Woman and Technology Award by the Orange Foundation.

### IMFC role and next meeting
- The IMFC comprises finance ministers and central bank governors and is the primary advisory body of the IMF Board of Governors.
- The Committee deliberates on the principal policy issues facing the IMF.
- The Committee has 24 members, reflecting the composition of the IMF Executive Board.
- Each member country or group of countries that elects an Executive Director also appoints a member of the Committee.
- The IMFC normally meets twice a year—in the spring and at the time of the IMF/World Bank Annual Meetings in the fall.
- Its next meeting is scheduled to be held on April 21, 2022, in Washington, D.C.

### Press contact
- IMF Communications Department — MEDIA RELATIONS
- PRESS OFFICER: Wafa Amr
- Phone: +1 202 623-7100
- Email: MEDIA@IMF.org
- @IMFSpokesperson

*Press Release No. 21404, December 23, 2021, IMF Communications Department.*

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## References

- [Spain and the IMF](http://www.imf.org/external/country/ESP/index.htm)
- [Sweden and the IMF](http://www.imf.org/external/country/SWE/index.htm)
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- [PRESS CENTER](http://presscenter.imf.org/)
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_Source: https://www.imf.org/en/news/articles/2021/12/23/pr21404-imfc-selects-nadia-calvino-as-new-chair_