In June 2011 almost 48,000 ONE members signed our petition urging the International Monetary Fund (IMF) to run an open, transparent and merit-based process for their top position.
The IMF’s executive board subsequently announced that Christine Lagarde of France is to succeed Dominique Strauss-Kahn as managing director.
While we don't think they delivered on the open or transparent piece, Christine Lagarde definitely has a wealth of experience.
As the IMF’s first female managing director, Ms. Lagarde will have one of the most powerful positions in global finance. She will be in charge of working with the IMF’s member nations to foster global monetary cooperation, secure financial stability and reduce poverty around the world, among other things. Her candidacy has won the support of several key African nations, including the Ivory Coast and the Democratic Republic of Congo.
We welcome Ms. Lagarde for her efforts to fight global poverty — but she should know that we’ll be watching her to make sure that she keeps the promises she made to Africa, diversity and the world’s poorest people.