On Feb. 24, Mr. Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF) named Mr. Zhu Min as a special advisor to the Managing Director.
Mr. Strauss-Kahn said, "Mr. Zhu Min brings a wealth of experience in government and the financial sector, and he will play an important role in working with me and my management team in meeting the challenges facing our global membership in the period ahead, and in strengthening the Fund s understanding of Asia and emerging markets more generally."
The People s Bank of China (PBC) welcomes the IMF s choice. With emerging market and developing countries playing an increasing role in the global economy and financial system, it is a good move for the international financial institutions to include more professionals from those economies in their management to reflect the changes in the world economic landscape, and to improve their governance.
Mr. Zhu is a scholar in economics and financial theories, and is an experienced practitioner in the financial markets. He has participated in major financial reforms in China, and has served in senior management positions for both financial institutions and the central bank. His unique experience brings him a deep knowledge in macroeconomic management, financial regulation and supervision, and financial markets. His service at the World Bank and other international financial institutions also adds to his rich experience in the field of international finance.
Mr. Zhu thanks the IMF for the invitation. He says that he will do his best to integrate the experience from emerging market economies and Asia into the IMF, and that he is ready to work with his colleagues at the IMF to promote sustainable growth and financial stability on the global level.
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