IMF Managing Director
Rato became the Managing Director of the IMF on 7 June 2004, taking over from Anne Krueger, who had been acting as temporary director after Horst Köhler, who at that time was nominated (and later elected) President of Germany, resigned the post 4 March 2004.
In June 2007 Rato announced that he would resign from his post the following October, citing personal reasons. On 28 September 2007, the International Monetary Fund's 24 executive directors selected former French Minister for Economics, Finance, and Industry, Dominique Strauss-Kahn, over the former Czech Minister Josef Tošovský, to be the new Managing Director in succession to Rato.
Read more about this topic: Rodrigo Rato
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