August 2, 2019 / 10:01 PM / 2 months ago

World Bank's Georgieva to relinquish duties during IMF nomination period

FILE PHOTO: World Bank CEO Kristalina Georgieva attends a thematic forum of the second Belt and Road Forum for international cooperation in Beijing, China, April 25, 2019. REUTERS/Jason Lee

WASHINGTON (Reuters) - World Bank Chief Executive Officer Kristalina Georgieva said on Friday that she will temporarily relinquish her World Bank responsibilities after being nominated as a candidate to lead the International Monetary Fund.

Georgieva, a Bulgarian national, said on Twitter that after consulting with the World Bank Chief ethics officer, she has requested administrative leave for the IMF nomination period. The IMF is accepting nominations through Sept. 6 and aims to select a candidate by Oct. 4.

Reporting by David Lawder, editing by G Crosse

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