IMF welcomes US-sanctioned former Russia central banker to executive board

Quick Summary:

Former first deputy governor of Bank of Russia Ksenia Yudaeva has been elected as the IMF’s executive director for Russia and Syria.

A spokesperson for the fund said executive directors were IMF officials and have the duty to act in the interest of the lender and in line with its legal and policy frameworks.“They may, and in practice they regularly, convey the views of the countries or groups of countries that have elected them,” the spokesperson added.

The executive board is the IMF’s top day-to-day business decision-making body.

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Article Details

Author / Journalist: Reuters

Category: Business

Markets: Hong KongUnited States

Topics: Russia Sanctions Groups Elected Ksenia Spokesperson Executive Countries Director Yudaeva Directors

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-02 @ 20:31:50 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 133 words

Reading Time: 1 minutes read

Sentences: 5 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23369958

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