Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today:
“It is with great pleasure that I extend a warm welcome to Jim Yong Kim on his first day as President of the World Bank Group. Given our common membership and global mandates, the Fund and the Bank have a special responsibility to work together, and Jim and I have already agreed that we will be collaborating closely. It is with our shared objectives in mind that I congratulate my new colleague in his important position. I look forward to working with him in the years ahead.”