The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, announced this morning that the Washington DC-based global lender of last resort proposes to appoint Jamaica's Minister of Finance, Nigel Clarke, to the position of deputy managing director, effective October 31, 2024.
In a statement on the IMF website Monday morning, Georgieva, described Clarke as "an exceptional public servant and policymaker, with proven leadership in institution building and economic crisis management, who has stewarded his country's economy to a stronger and more sustainable position."
If confirmed, Clarke's appointment, would make him the highest ranking Caribbean national to ever serve at the IMF.