Press Release No. 05/66

Press Release: IMF Names Saleh Nsouli as New Director of the Offices in Europe

March 28, 2005

Ms. Anne Krueger, Acting Managing Director of the International Monetary Fund (IMF), has named Saleh Nsouli, a national of United States, as Director of the IMF's Offices in Europe. Mr. Nsouli, currently deputy director of the Middle East and Central Asia Department, will succeed Flemming Larsen.

Mr. Nsouli has held a number of senior positions within the African, Middle East and Central Asia, Policy Development and Review, and Research Departments, as well as in the IMF Institute since joining the Fund in 1973. Mr. Nsouli graduated in Economics at the American University in Beirut and completed his M.A. and PhD degrees in economics at Vanderbilt University.

The IMF's main office in Europe is situated in Paris. The other offices are in Brussels and Geneva. The offices play a key role in the IMF's efforts to maintain a dialogue with non-governmental organizations and other audiences in Europe, and also serve as a liaison for the IMF in Europe by maintaining close contact with the institutions of the European Union and with international and regional institutions such as the OECD, the Bank for International Settlements (BIS), and the Group of 10.