Christine Lagarde to step down from IMF role to focus on ECB nomination

Nomination facing resistance from European Parliament

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Lagarde has led the IMF since 2011. Photo: WTO/Jay Louvion/Flickr CC BY-SA 2.0
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Lagarde has led the IMF since 2011. Photo: WTO/Jay Louvion/Flickr CC BY-SA 2.0

IMF managing director and chair Christine Lagarde has announced she will step down from her role ahead of a vote on her nomination to become the next head of the European Central Bank (ECB).

According to the BBC, she will leave her role on 12 September after eight years at the helm, having become the first female boss of the International Monetary Fund (IMF) in 2011. Early this month, Lagarde...

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