Christine Lagarde

French diplomat, politician and lawyer and 11th managing director of the IMF Christine Lagarde

Christine Madeleine Odette Lagarde is a French lawyer who has been the Managing Director of the International Monetary Fund since 5 July 2011. Previously, she held various ministerial posts in the French government: she was Minister of Economic Affairs, Finances and Industry and before that Minister of Agriculture and Fishing and Minister of Trade in the government of Dominique de Villepin.
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IMF warns on Brexit damage as Barnier sets out terms
Reuters.com - 2 months
Britain's economy is already suffering from last year's vote to leave the European Union, according to Christine Lagarde of the International Monetary Fund. As David Pollard reports, the IMF chief was speaking in London - while in Brussels, the EU's chief negotiator, Michel Barnier, outlined his negotiating directives for a new round of talks on a Brexit transitional period.
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 Reuters.com article
IMF chief tells central bankers to not dismiss bitcoin
ABC News - 5 months
Christine Lagarde, the head of the International Monetary Fund, says it would be a mistake if the world's central bankers ignore digital currencies
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 ABC News article
Trump's First-100-Days Agenda Still Under Audit, We Guess
Huffington Post - 10 months
Like what you read below? Sign up for HUFFPOST HILL and get a cheeky dose of political news every evening! Donald Trump has already attacked the disabled and the poor, so it makes sense that he is now going after the meekest, most helpless breed of human: Canadians. The Huffington Post is now HuffPost; “The” and “ington” look forward to spending more time with their families. And Barack Obama accepted $400,000 to speak at an event hosted by a hedge fund, because with his paltry $65 million book advance, a reputation alone isn’t going to feed his family. This is HUFFPOST HILL for Tuesday, April 25th, 2017: THE BEST DEALS, JUST THE BEST - Maybe Trump can find a crowd to chant, “APPROPRIATE. THE. FUNDING. IN A. BUDGET-NEUTRAL. FASHION!” Matt Fuller: “Republicans, facing the refusal of Democrats to fund President Donald Trump’s border wall in an upcoming spending bill, seem to have abandoned their wall construction demands as lawmakers work to avert a government shutdown…. Althoug...
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 Huffington Post article
Political risks could rock global economy
Reuters.com - 10 months
Global economic recovery is gaining momentum but could be cut off by a "sword of protectionism" now threatening global trade, International Monetary Fund Managing Director Christine Lagarde warns. Laura Frykberg reports.
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 Reuters.com article
Treasury Secretary Urges IMF to Police Exchange-Rate Policies
Wall Street Journal - 12 months
Steven Mnuchin told IMF Managing Director Christine Lagarde that he expects the fund to “provide frank and candid analysis of the exchange-rate policies of IMF member countries.”
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 Wall Street Journal article
IMF's Lagarde 'optimistic' about US economy
Yahoo News - about 1 year
DUBAI: International Monetary Fund chief Christine Lagarde on Sunday voiced optimism for US economic growth under President Donald Trump but warned it could herald trouble for the rest of the world. “From the little we know, and I will insist on the little we know, because this is really work in progress... but from the little we hear, we have reasons to be optimistic about economic growth in the United States,” Lagarde said at the annual World Government Summit in Dubai. Lagarde predicted tax reform and more investment in infrastructure were both likely under Trump, whose Thursday teaser of fresh tax cut proposals pushed Wall Street stocks to new records.
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 Yahoo News article
Board Decides To Keep Lagarde As IMF Chief After Conviction
NPR - about 1 year
The IMF's board expressed "full confidence" in Managing Director Christine Lagarde after she was convicted of negligence for improperly overseeing a 2008 case when she was France's finance minister. (Image credit: Zach Gibson/AFP/Getty Images)
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 NPR article
In a surprise verdict, IMF chief Christine Lagarde found guilty of negligence
LATimes - about 1 year
A French court on Monday found Christine Lagarde, head of the International Monetary Fund, guilty of negligence with public funds for approving a controversial multimillion-dollar payment to a businessman.   But judges decided the former French government minister would not be punished with jail...
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 LATimes article
IMF's Christine Lagarde Found Guilty Of Negligence Over 2008 Dispute
NPR - about 1 year
A French court ruled that the current head of the International Monetary Fund improperly oversaw a case when she was France's finance minister. She was not sentenced to any prison time. (Image credit: Thibault Camus/AP)
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 NPR article
IMF's Lagarde speaks of 'five-year ordeal' on last day of negligency trial
Reuters.com - about 1 year
PARIS (Reuters) - IMF chief Christine Lagarde on Friday told a court trying her for negligence that she had always acted in good faith and that the suspicion that she had lived under for the past five years had been an "ordeal".
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 Reuters.com article
French prosecutor calls for IMF's Lagarde to be acquitted
Yahoo News - about 1 year
By Chine Labbé PARIS (Reuters) - The chief prosecutor in the negligence trial of IMF chief Christine Lagarde in Paris called for her acquittal on Thursday, saying the hearing had failed to support the "very weak" case against her. Lagarde, 60, faces charges, which she denies, of being negligent when, as French finance minister, she approved in 2008 a payout to businessman Bernard Tapie in an out-of-court settlement which cost the French taxpayer 400 million euros ($425 million). The trial has gone ahead at a special court in Paris even though the state prosecutor's office said, after the conclusion of the investigation of Lagarde, that the case should be dropped.
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 Yahoo News article
IMF's Lagarde grilled over 'punch in the gut' payout to French tycoon
Yahoo News - about 1 year
By Chine Labbé PARIS (Reuters) - International Monetary Fund chief Christine Lagarde fought negligence charges in a Paris court on Tuesday, arguing she had approved a 2008 French state payout of 400 million euro ($425 million) to a business tycoon only to end a costly legal battle. Aggressive grilling from the top judge put Lagarde on the defensive during the second day of the trial into her approval as finance minister of the rare out-of-court settlement with Bernard Tapie in a dispute over the sale of a stake in a company. Lagarde, 60, faces up to a year in jail and a fine of 15,000 euros ($16,000) if convicted.
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 Yahoo News article
Timeline
Learn about memorable moments in the evolution of Christine Lagarde
    LATE ADULTHOOD
  • 2016
    Age 60
    She was re-elected by consensus for a second five-year term, starting 5 July 2016, being the only candidate nominated for the post of managing director.
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  • FIFTIES
  • 2015
    Age 59
    On 17 December 2015, the CJR ordered Lagarde to stand trial before it for alleged negligence in handling the Tapie arbitration approval.
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    On 17 December 2015, Michel Sapin, French Finance Minister, said that Lagarde could stay on as head of the IMF, despite being charged with criminal negligence.
    In January 2015, on the death of King Abdullah of Saudi Arabia, Lagarde said "he was a strong believer in pushing forward women's rights", prompting a number of observers to comment on the life of women generally in Saudi Arabia.
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    As the crisis peaked again in summer 2015, Lagarde's organization made headlines by calling for massive debt relief for Greece, a call she reiterated personally.
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  • 2014
    Age 58
    In 2014, Lagarde was named the fifth most powerful woman in the world by Forbes magazine.
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    Lagarde presented the 2014 Richard Dimbleby Lecture, titled "A New Multilateralism for the 21st Century".
    Subsequently in August 2014 the CJR announced that it had formally approved a negligence investigation into Lagarde's role in the arbitration of the Tapie case.
    In 2014, Lagarde was ranked the 5th most powerful woman in the world by Forbes magazine.
  • 2013
    Age 57
    According to a press report from June 2013, Lagarde has been described by Stéphane Richard, the CEO of France Telecom (a former aide to Lagarde when she was Finance Minister), who has himself been put under formal investigation in the case, as having been fully briefed before approving the arbitration process which benefitted Bernard Tapie.
    On 24 May 2013, after two days of questioning at the Court of Justice of the Republic (CJR), Lagarde was assigned the status of "assisted witness", meaning that she was not herself under investigation in the affair.
    On 20 March 2013, Lagarde's apartment in Paris was raided by French police as part of the investigation.
  • 2012
    Age 56
    In July 2012, as the Greek economy continued to decline, and the country's leaders asked for an easing of the terms of external assistance, Lagarde said she was "not in the negotiation or renegotiation mood at all."
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    In an interview in May 2012, Lagarde was asked about crisis-stricken Greece, but opted for a less than sympathetic response.
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  • 2011
    Age 55
    On 25 December 2011, Lagarde argued that the world economy was at risk and urged Europeans to unify in terms of the debt crisis facing the continent.
    On 28 June 2011, the IMF board elected Lagarde as its next managing director and chairman for a five-year term, starting on 5 July 2011.
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    On 25 May 2011, Lagarde announced her candidacy to be head of the IMF to succeed Dominique Strauss-Kahn upon his resignation.
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  • 2010
    Age 54
    She was the only member of the French political class to condemn Jean-Paul Guerlain's racist remarks of 2010.
  • 2007
    Age 51
    On 18 May 2007, she was moved to the Ministry of Agriculture as part of the government of François Fillon.
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  • FORTIES
  • 2005
    Age 49
    As France's Trade Minister between 2005 and May 2007, Lagarde prioritized opening new markets for the country's products, focusing on the technology sector.
  • 2004
    Age 48
    In 2004, Lagarde became president of the global strategic committee.
  • THIRTIES
  • 1995
    Age 39
    She joined the executive committee in 1995 and was elected the company's first ever female Chairman in October 1999.
  • TWENTIES
  • 1981
    Age 25
    Lagarde joined Baker & McKenzie, a large Chicago-based international law firm, in 1981.
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  • TEENAGE
  • 1973
    Age 17
    After her baccalauréat in 1973, she went on an American Field Service scholarship to the Holton-Arms School for girls in Bethesda, Maryland.
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  • CHILDHOOD
  • 1956
    Age 0
    Born on January 1, 1956.
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