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IMF Announces Expedited Appointment of Geoffrey Okamoto as First Deputy Managing Director

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Via IMF (Den Internationale Valutafond)

IMF Announces Expedited Appointment of Geoffrey Okamoto as First Deputy Managing Director







March 19, 2020















Washington, DC – March 19, 2020
The IMF Executive Board has approved the expedited appointment of Mr.
Geoffrey Okamoto as First Deputy Managing Director, effective March 19,
2020. IMF Managing Director Kristalina Georgieva originally proposed his
appointment on March 12, 2020 with an effective start date of March 30.

“Given the exceptional challenges that our member countries are facing with
the COVID-19 pandemic, I am very pleased that the IMF’s Executive Board has
agreed to advance Geoffrey’s appointment”, Ms. Georgieva said. “I would
like to extend a warm welcome to him as he joins the Fund team and I look
forward to our working closely together. The IMF is putting all hands-on
deck to help our membership address this crisis—and Geoffrey will play a
key role in our efforts.”

Mr. Okamoto added: “I’m thankful for the Executive Board’s confidence in my
appointment. Its at times like these when the Fund and its staff perform at
their best in serving our member countries. I‘m looking forward to getting
to work immediately and helping to lead the Fund in addressing the crisis
at hand.”

Mr. Okamoto most recently served as U.S. Acting Assistant Secretary of the
Treasury for International Finance and Development, where he was charged
with overseeing global financial markets; managing coordination with the
G-7, G-20 and Financial Stability Board; overseeing international monetary
affairs; negotiating on regional and bilateral economic issues; and
overseeing U.S. participation in international financial institutions. He
previously served as the U.S. Treasury’s Acting Under Secretary for
International Affairs and has led the Treasury
Department’s negotiations on trade with China, resulting in a Phase I
agreement signed in January 2020. He also negotiated successful
replenishments to Multilateral Development Bank concessional windows and
the Global Environment Facility, as well as helping to establish the Women
Entrepreneur’s Finance Initiative (We-Fi).

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Phone: +1 202 623-7100Email: MEDIA@IMF.org

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