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IMF names former Bundesbank chief to lead review panel on institutional safeguards

IMF names former Bundesbank chief to lead review panel on institutional safeguards | Money

WASHINGTON, Feb 5 The International Monetary Fund (IMF) said yesterday it has appointed Germany’s former Bundesbank president Jens Weidmann to lead a new external panel to strengthen institutional safeguards in the wake of a data scandal involving IMF Managing Director Kristalina Georgieva.

IMF names former Bundesbank chief to lead review panel on institutional safeguards

External Panel To Follow Up Work On IMF s Institutional Safeguards

<p><span>As part of the previously announced&nbsp;</span><a href="https://www.imf.org/en/News/Articles/2021/12/17/pr21384-imf-executive-board-announces-follow-up-work-on-institutional-safeguards">ongoing review&nbsp;</a><span>of institutional safeguards, the International Monetary Fund&rsquo;s (IMF) management, with input from the IMF Executive Board Steering Group on Institutional Safeguards</span><span>,</span><span>&nbsp;has appointed an external and independent panel of high-level experts as part of the assessment of the Fund&rsquo;s internal dispute resolution system. The panel, led by former Bundesbank President&nbsp;</span><span>Jens Weidmann</span><span>, is comprised of leading experts in Dispute Resolution Systems (DRS) with experience in international organizations and beyond.</span></p>

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