Via IMF (Den Internationale Valutafond)

Ceyla Pazarbasioglu to Become Director of the IMF’s Strategy, Policy, and Review Department

August 25, 2020

Washington, DC –
Ms. Kristalina Georgieva, Managing Director of the International Monetary
Fund (IMF), announced today her intention to name Ms. Ceyla Pazarbasioglu
as Director of the Strategy, Policy, and Review Department. Ms.
Pazarbasioglu is expected to assume her new role on September 15, 2020 and
will succeed Martin Mühleisen, whose appointment as a Special Advisor to
the Managing Director in OMD was


in July and will begin on September 15.

Ms. Pazarbasioglu is currently the World Bank Group’s Vice President for
Equitable Growth, Finance and Institutions (EFI), a position she has held
since October 1, 2018. In that role, she focuses on helping low- and
middle-income countries build the foundations for sustainable and inclusive
growth. She has represented the World Bank as the G7 and G20 Finance Deputy
and as a member of the Financial Stability Board.

Commenting on the appointment, Ms. Georgieva stated, “I am delighted that
Ceyla will be rejoining the Fund and strengthening our team. She is an
intellectual leader with profound knowledge of how institutions such as the
Fund and Bank operate and work together, significant experience on how to
design policies to help people especially in emerging markets and
low-income countries, and excellent people management skills. Her
outstanding diplomatic touch, leadership ability and record, and
institutional knowledge and commitment will help the Fund as it seeks to
even more effectively serve our member countries in a very challenging
economic environment.”

READ ALSO  Bedre regnskaber for økologiske landbrug

Before joining the World Bank Group, Ms. Pazarbasioglu had a long and
distinguished career at the IMF, where she rose through the ranks and
became a deputy director of the Monetary and Capital Markets (MCM)
Department. During her 23 years at the Fund, Ms. Pazarbasioglu has worked
on a wide spectrum of policy and country issues, ranging from the Financial
Sector Assessment Program (FSAP) and the global regulatory reform agenda,
to regional and country work on emerging Europe, the United Kingdom, Korea,
and Thailand. She was instrumental in helping to reform and reshape the
Fund’s work in the area of financial stability.

As Director of Strategy, Policy, and Review, Ms. Pazarbasioglu will have
primary responsibility for providing strong and forward-looking
intellectual leadership and strategic vision for the Fund’s direction and
policy development and application, as well as on country matters. In this
role, she will lead the Fund’s engagement with the International Monetary
and Financial Committee, the Development Committee, and the G20 and other
institutions and groups including the UN, regional development banks and
financial institutions, the G7, and the G24. She is ideally placed to
deepen policy and operational collaboration between the IMF and the World
Bank, relying on the two institutions’ respective expertise in
macroeconomic, financial, sectoral, and social issues.

Ms. Pazarbasioglu, a Turkish national, has had high-level public sector
experience, including working in the Turkish government and current
membership on the Financial Stability Board (FSB). She also has
considerable private sector experience, including serving as the Chief
Economist of Emerging European Markets at ABN AMRO Investment Bank in the
UK. Her academic credentials include a PhD in Economics from Georgetown

READ ALSO  Religiously unaffiliated people more likely than those with a religion to lean left, accept homosexuality

IMF Communications Department

PRESS OFFICER: Raphael Anspach

Phone: +1 202 623-7100Email: