IMF removes age limit for position of managing director

(Xinhua/NAN) The International Monetary Fund (IMF) has approved the removal of the age limit for the position of IMF managing director, paving the way for Kristalina Georgieva to head the multilateral lender.

Since 1951, the IMF's bylaws had prohibited the appointment of a candidate aged 65 or over as managing director.

It had also prohibited…

IMF removes age limit for position of managing director