21 May '11, 2pm

Tharman calls for open process to pick IMF head

Tharman calls for open process to pick IMF head

Singapore's Finance Minister and chairman of the International Monetary Fund's (IMF) International Monetary and Financial Committee, Mr Tharman Shanmugaratnam, has urged an open and transparent process to select a new IMF head. -- ST PHOTO: KEVIN LIM SINGAPORE'S Finance Minister and chairman of the International Monetary Fund's (IMF) International Monetary and Financial Committee, Mr Tharman Shanmugaratnam, has urged an open and transparent process to select a new IMF head. 'The selection process for a new MD (managing director) has begun,' Mr Tharman said in a statement on Saturday. 'The challenges we face are pressing, and an early conclusion to the selection process will be advantageous,' he added. He also said it is imperative that the process be 'open, transparent and merit-based, so as to ensure the selection of a highly capable candidate, with the qualities needed t...

Full article: http://www.straitstimes.com/BreakingNews/Money/Story/STIS...

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