The silver-haired mom of two succeeded her disgraced compatriot Dominique Strauss-Kahn as IMF handling director after he resigned to fight sexual attack prices.
Another former IMF head, Spaniard Rodrigo Rato, has also been ordered to face trial for misusing budget while he turned into head of Spanish lender Bankia.
The IMF plays a key role in the international monetary machine, acting as a lender of last resort to international locations in economic problems. It also video display units financial markets and acts as an influential coverage marketing consultant to governments.
Lagarde has been a key player in bailout negotiations for Greece and has also labored to reform the USA- and Europe-dominated organization to take China’s multiplied clout into account.
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