Press Release No. 00/66

Press Release: IMF Board Names Firm To Search For Evaluation Unit Chief

December 6, 2000

The International Monetary Fund's (IMF) Executive Board has named Ray & Berndstson, a U.S.-based international executive search firm, to identify candidates for the position of Director of the IMF's newly created independent Evaluation Office (EVO).

The firm will be expected to complete its search for candidates by mid-February 2001, and a final decision on the candidate to be selected is expected to be taken by the Executive Board around April 2001.

A description of this new position, and information on where the resumes of interested candidates should be submitted, can be found on the IMF's website (http://www.imf.org/external/np/eval/evo/2000/Eng/ad.htm).

The Executive Board established the EVO on April 10, 2000 (see Press Release No. 00/27) to complement the IMF's ongoing internal and external evaluation activities. The EVO's terms of reference were approved on September 14, 2000 (see Press Release No. 00/53), which opened the way for the Board to begin the process of making the unit operational by Spring 2001.