IMF hands senior posts to US and China

The appointments follow US and China's backing of new IMF chief Christine Lagarde

Wednesday 13 July 2011 at 17:53

The International Monetary Fund on Tuesday named White House economic aide David Lipton, known for his crisis-management skills, as the fund's next No. 2 official.

It also tapped former deputy governor of the People's Bank of China, Zhu Min, to be one of its four deputy managing directors.