Georgieva’s Future at Helm of IMF Still Unclear After Marathon Board Meeting

Georgieva’s Future at Helm of IMF Still Unclear After Marathon Board Meeting
World Bank Chief Executive Officer Kristalina Georgieva speaks at the annual session of China Development Forum (CDF) 2018 at the Diaoyutai State Guesthouse in Beijing on March 25, 2018. Jason Lee/Reuters
Reuters
Updated:

WASHINGTON—The International Monetary Fund’s executive board ended a five-hour meeting about the future of Managing Director Kristalina Georgieva without a decision on Friday, saying it would seek more information about claims she pressured World Bank staff to alter data to benefit China in her previous role.

The IMF said the board had made “significant progress” in its review of the World Bank data-rigging scandal, but agreed to request “more clarifying details with a view to very soon concluding its consideration of the matter.”