Christine Lagarde

From MarketsWiki
Jump to: navigation, search
Christine Lagarde
Occupation Managing Director
Employer International Monetary Fund

Christine Lagarde is the managing director of the International Monetary Fund. She assumed that position in July of 2011 after having been the finance minister for France. She was the first female finance minister of a leading industrialized country, and is one of France's most popular right wing politicians.

She replaced Dominique Strauss-Kahn after he stepped down from his position in May of 2011.[1]

Lagarde formally launched her bid for the top job at the IMF on May 25, 2011. By the launch date of her announcement, Lagarde had already won the formal support of the UK, Germany and the European Commission.[2]

In the course of her term as France's finance minister, Lagarde eased French labor laws and helped France weather its worst recession since World War II.[3]

In August of 2011, a French criminal court said it was in favor of launching a probe into an accusation that Lagarde was complicit in the misuse of public funds in 2008, when she was finance minister.[4]


Lagarde was a lawyer at the Paris Court of Appeal. She also was an attorney in the U.S. for several years, working with the Baker & McKenzie law firm as chairman of the executive committee from 1999 to 2004, chairman of the global policy committee from 2004, a member of the executive committee in 1995, and managing partner in 1991.[5][6]

Lagarde served as Minister for Agriculture and Fisheries in France from May to June of 2007. She was a Minister Delegate for Foreign Trade from 2005 to 2007.

Lagarde is a former synchronized swimmer.


She is a graduate of the Holton-Arms School, Bethesda (United States). She received her postgraduate qualification in labor law from Paris X-Nanterre University, and attended the Paris Institut d’études politiques.



  1. France's Lagarde says premature to discuss IMF post. Reuters.
  2. Lagarde launches IMF candidacy.
  3. France's Christine Lagarde, new possible leader of IMF. EITB.
  4. French Court Favors Investigation of Lagarde.
  5. Biography of the Economy, Finance and Employment Minister - Mme Christine Lagarde. AmbaFrance.
  6. Christine Lagarde launches her bid to succeed DSK. The Economist.