Li Bo to Step Down as IMF Vice President in 2026, Liao Min to Succeed
Prefer us on GoogleThe President of the International Monetary Fund (IMF), Kristalina Georgieva, announced that Li Bo, the IMF Vice President, will step down upon the completion of his term on November 30, 2026. She proposed Liao Min, the Vice Minister of Finance of China, to succeed him, with the appointment effective from December 1, 2026. Over the past five years, Li Bo has led the introduction of the IMF's first corporate risk management policy and roadmap, and has advanced the modernization of the data governance framework. He has also guided the IMF's work on digital currencies and cross-border payments, playing a pioneering role in stablecoin regulation, and has recently led initiatives in the field of artificial intelligence (AI).
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