Who We Are
The International Monetary Fund (IMF) is a global organization of 190 member countries set up to promote the health of the world economy. It works to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.
IMF Organization Chart
As of April 30, 2020
- International Monetary and Finance Committee
Board of Governors Executive Board Area Departments - African Department
- Asia and Pacific, with a Regional Office for Asia and the Pacific
- European Department, with Offices in Europe
- Middle Easy and Central Asia Department
- Western Hemisphere Department
Functional and Special Services Department - Communications Department
- Finance Department
- Fiscal Affairs Department
- Institute for Capacity Development, including The African Training Institute, the Joint Vienna Institute, the Middle East Center for Economics and Finance (in Kuwait), and the Singapore Training Institute
- Legal Department
- Monetary and Capital Markets Department
- Research Department
- Statistics Department
- Strategy, Policy, and Review Department, including the IMF Office United Nations²
Area Departments - Corporate Services and Facilities
- Human Resources Department
- Information Technology Department
- Secretary's Department
Managing Director and Deputy Managing Directors The Managing Director and Deputy Managing Directors oversee the Knowledge Management Unit, the Investment Office-Staff Retirement Plan, the Office of Budget and Planning, the Office of Internal Audit, the Office of Risk Management, the Change Management Unit, and the iLab.
- Independent Evaluation Office
- Joint IMF-World Bank Development Committee¹
Executive Directors
As of April 30, 2020
The Executive Board is responsible for conducting the day-to-day business of the IMF. It is composed of 24 Directors, who are elected by member countries or by groups of countries, and the Managing Director, who serves as its Chair. As the COVID-19 pandemic unfolded, IMF operations moved into a virtual boardroom with the Executive Directors participating from home.
Hazem Beblawi Afonso Bevilaqua Surjit Bhalla Arnaud Buissé Sergio Chodos Anthony De Lannoy Domenico Fanizza Paul Inderbinen Zhongxia Jin Raci Kaya Louise Levonian Alisara Mahasandana Dumisani H. Mahlinza Jafar Mojarrad Maher Mouminah Aleksei Mozhin Mika Pösö Mohamed-Lemine Raghani Nigel Ray Shona Riach Mark Rosen Takuji Tanaka Leonardo Villar Ruediger von Kleist
Management team
The IMF has a Managing Director, who is head of the staff and Chair of the Executive Board. The Managing Director is assisted by a First Deputy Managing Director and three other Deputy Managing Directors.
Managing DirectorKristalina Georgieva First Deputy Managing DirectorGeoffrey W.S. Okamoto Deputy Managing DirectorAntoinette Sayeh Deputy Managing DirectorMitsuhiro Furusawa Deputy Managing DirectorTao Zhang
Managing Director Kristalina Georgieva
First Deputy Managing Director Geoffrey W.S. Okamoto
Deputy Managing Director Antoinette Sayeh
Deputy Managing Director Mitsuhiro Furusawa
Deputy Managing Director Tao Zhang
Corporate Social Responsibility
The IMF is committed to improving the world we live in and being mindful of the impact of our operations. Environmental sustainability and philanthropic initiatives are at the core of the IMF’s corporate social responsibility program.
Children in rural Central America attend elementary school classes supported by an IMF annual grant. (Photo credit: School the World)
Environmental Sustainability
The IMF has implemented several actions to reduce its environmental footprint and support the United Nations Sustainable Development Goals. Over the past 10 years, the IMF’s annual greenhouse gas footprint decreased by more than 10 percent (or some 7,000 metric tons of CO2e) through the establishment of energy, water, and waste policies. This is equivalent to removing about 1,500 passenger vehicles from the roads. The IMF’s greenhouse gas emissions are fully offset.
The IMF’s annual Greenhouse Gas Footprint decreased by more than ten percent.
Sustainability Measures in 2020
- Approximately 50,000 pounds of electronic waste were either donated or recycled responsibly.
- Through outreach and education on e-resources, the joint IMF/World Bank library reduced hardcopy news susbscriptions by 40 precent.
- The IMF recently partnered with the US general services administration to invest in the US based green energy projects or renewable energy certificates equivalent to the IMF’s energy usages at its headquarters.
Giving Together
Giving Together is the IMF’s philanthropic program supported by employees, retirees, and the IMF’s corporate giving.
This was the IMF’s biggest year yet for charitable giving. Total donations to nonprofit organizations around the world amounted to $4.2 million in FY 2020.
The annual Giving Campaign broke records in both dollars raised and staff participation. For the first time in campaign history, the IMF matched all contributions dollar for dollar—up from 50 percent matching previously. In addition, the Giving Together program organized fundraisers for the victims of natural disasters in The Bahamas, Albania, Australia, and at the outset of the COVID-19 outbreak in China. After the global pandemic was declared, a humanitarian appeal raised $288,000 for the WHO Solidarity Response Fund.
This was the IMF's biggest year yet for charitable giving. Total donations to nonprofit organizations around the world amounted to $4.2 Million in FY 2020.
In total, IMF employees and retirees raised $3.6 million in donations and matching funds to support charitable causes and humanitarian relief efforts—exceeding last year’s figure of $3 million.
The IMF also awarded $215,000 in grants to charities worldwide in FY 2020, as well as $200,000 in exceptional grants to local nonprofit organizations in response to the COVID-19 pandemic. In addition, corporate donations totaling $110,000 were provided by senior management during mission travel to developing economies to support grassroots charities.
To support the local community, staff volunteered to help nonprofit organizations serving the Washington, DC area, including by assembling winter kits for the homeless, hygiene kits for women in shelters, teaching financial literacy and English tutoring to high school students, and making masks for health workers.
Total Raised In Donations and Matching Funds
Among the recipients of the Giving Together program in FY 2020
- raised for the WHO Solidarity Response Fund
- in grants to charities wordlwide
- to local nonprofits in response to COVID-19
- in corporate donations to support grassroots charities
Donations, Volunteering, and Giving
In commemoration of Dr. Martin Luther King Jr.’s 2020 annual day of service, staff assembled hygiene kits for vulnerable low-income women in metropolitan Washington, DC.
IMF staff assembled winter kits for the homeless during Giving Tuesday 2019.
Deputy Managing Director Zhang visits Lar Dos Desamparados in Maputo, Mozambique, an asylum for abandoned elderly, and delivers a management donation in February 2020 to provide support for their diverse needs.
Managing Director Georgieva visits Ecole Riad Zitoun in Marrakesh, Morocco, in February 2020 and provides a management donation to support girls’ education.
Managing Director Georgieva visits the Association Des Femmes Juristes Sénégalaises In December 2019 and delivers a donation in support of their mission of providing legal assistance to low-income women and children in Senegal.
