US Treasury Chief of Staff Appointed to IMF Management, APA-Economics reports.
Executive Board of the International Monetary Fund (IMF) has approved the appointment of Dan Katz, Chief of Staff of the US Treasury, as the Fund's First Deputy Managing Director. He began his new position on October 6.
IMF Managing Director Kristalina Georgieva expressed her satisfaction with the approval of the proposal she put forward on September 19: "At a time of significant transformations in the global economy, Mr. Katz's appointment is a great gain for the Fund. His rich experience and leadership skills will make a significant contribution to solving complex challenges."
In his speech, Dan Katz highly appreciated the Executive Board's trust: "The IMF has an indispensable role in the international monetary system. I look forward to working on the Fund's management, working closely with staff, and serving member countries."
It should be noted that Dan Katz worked as Chief of Staff at the US Treasury Department and was a senior advisor to Secretary Scott Bessent. He played a key role in developing economic partnerships with Ukraine and addressing regional economic issues. Katz previously served in various senior positions at the U.S. Treasury Department and the Financial Stability Board. He also served as a senior fellow at the Manhattan Institute, a global macro hedge fund, and the investment bank Goldman Sachs.