Thursday, June 28, 2007

IMF Chief De Rato to Leave Post in October, Two Years Before His Term Ends

(Bloomberg) -- International Monetary Fund Managing
Director Rodrigo de Rato will quit his post in October, two
years before his term ends, citing ``personal reasons.''

De Rato, a former Spanish economy minister who has led the
Washington-based agency since June 2004, will leave after the
annual meetings of the fund and the World Bank, the IMF said in
a statement. He said that he was concerned about his children's
education, without elaborating.


Read more at Bloomberg Emerging Markets News

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