Andrew Tweedie, Director of the Finance Department, retires from the IMF

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Andrew Tweedie, Director of the Finance Department, retires from the IMF

February 16, 2021

Washington DC:
Mr. Andrew Tweedie, Director of the Finance Department to the International Monetary Fund (IMF), notified the IMF

Managing Director Kristalina Georgieva of her intention to withdraw from the Fund on July 31, 2021.

Mr. Tweedie, a New Zealand national, has held his current position since May 2008, where he oversaw the mobilization, management and control of the Fund’s financial resources and advised the management team and the Board of Directors on all matters. aspects of the Fund’s financial policies. and operations. He played a key role in reforming IMF quotas and developing a new income model. Mr. Tweedie joined the IMF in 1987 from the Reserve Bank of New Zealand.

“Andrew’s exceptional knowledge and experience has strengthened the IMF’s role as a trusted partner to our member countries. I highly appreciated his wise advice and instrumental contributions, especially in helping the Fund adapt and respond quickly to the unprecedented demands of member countries for emergency funding to deal with the COVID-19 crisis ” , said Georgieva.

“He played a central role in the Fund’s response to the global financial crisis, including quadrupling the Fund’s lending capacity through a doubling of quotas, an expansion of new borrowing agreements and several rounds of loan agreements. bilateral borrowing. These were critical steps that helped secure the Fund’s strong financial position at the center of the global financial safety net. He will be sorely missed, ”she said.

The search process to identify a successor to Mr. Tweedie will begin immediately.

IMF Communications Department
MEDIA RELATIONS

PRESS OFFICER: Wafa Amr

Telephone: +1 202 623-7100E-mail: MEDIA@IMF.org

@ IMFSpeaker

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