Kristalina Georgieva, 70, is elected as managing director of the International Monetary Fund. The Bulgarian economist will hold her position until October 2029, when she will be 76 years old.

Until her election in 2019, the age limit to hold office was 65 years. Traditionally, European countries nominate the Fund's chief executive, while the United States appoints the head of the World Bank. She has held the position of managing director since October 1, 2019, when Christine Lagarde resigned from the IMF to become president of the European Central Bank (ECB) Among them was the then Spanish Minister of Economy,. Nadia Calviño, who withdrew her candidacy due to the lack of sufficient support. The IMF modified the age requirement for the position to allow the election of GeorgieVA, who beat the Dutchman Jeroen Dijesselbloem in the final vote among European candidates. The Board praised her “firm and agile leadership” during her mandate, navigating a series of major global disruptions.