Christine Lagarde IMF managing director

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© Chatham House Wikimedia.
George Osborne: Will nominate Christine Lagarde.

CHANCELLOR George Osborne has indicated that he intends to nominate Christine Lagarde for a second term as managing director of the International Monetary Fund.

“At a time when the world faces what I’ve called a dangerous cocktail of risks, I believe Christine has the vision, energy and acumen to help steer the global economy through the years ahead,” he said. 

At the moment, there appear to be no candidates looking to take over her role, and she has made it clear she is happy to serve a further term, which makes life a little easier for all.

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