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BCN-24
IMF-BRITAIN-EU-US-ECONOMY
Ex-British finance chief Osborne eyes IMF role: media
LONDON, July 4, 2019 (BSS/AFP) – Former British finance minister George
Osborne is lining up a bid to replace Christine Lagarde as head of the
International Monetary Fund, UK newspapers reported Thursday.
Making his interest known to friends, Osborne said the job required a
“skilled political communicator and operator… not a technocrat”, the
Financial Times reported.
Lagarde, a former French finance minister, is set to lead the European
Central Bank, replacing Mario Draghi.
An opponent of Brexit, Osborne is currently editor of London’s Evening
Standard newspaper after quitting politics in the wake of Britain voting in a
referendum three years ago to quit the European Union.
Media on Thursday said Osborne would need the support of Britain’s new
prime minister to stand a chance of succeeding Lagarde.
The former Conservative MP is backing favourite Boris Johnson to replace
Theresa May as British prime minister.
Draghi is meanwhile seen as a strong candidate to become IMF chief, with
the global-crisis lender having always chosen a European to lead the Fund
since its creation in the aftermath of World War II.
British bookmakers also have outgoing Bank of England governor Mark
Carney, a Canadian-UK national, among their favourities to succeed Lagarde.
BSS/AFP/HR/1345