Posted inPolitics & Economics

Christine Lagarde takes over as managing director of IMF

French Finance Minister fills role vacated by Dominique Strauss-Kahn, who faces sexual assault charges in US

Christine Lagarde, newly appointed Managing Director of the International Monetary Fund, arrives for her first day of work at IMF headquarters July 5, 2011 in Washington, DC. Lagarde replaces Dominque Strauss-Kahn as the head of the IMF, and is the first woman to head the organization. (Getty Images)

Christine Lagarde, newly appointed Managing Director of the International Monetary Fund, arrives for her first day of work at IMF headquarters July 5, 2011 in Washington, DC. Lagarde replaces Dominque Strauss-Kahn as the head of the IMF, and is the first woman to head the organization. Walking with Lagarde are John Lipsky (R), First Deputy Managing Director of the IMF and Abdel Shakour Shaalan, Dean of the Executive Board of the IMF. (AFP/Getty Images)

Christine Lagarde, newly appointed Managing Director of the International Monetary Fund, arrives for her first day of work at IMF headquarters July 5, 2011 in Washington, DC. Lagarde replaces Dominque Strauss-Kahn as the head of the IMF, and is the first woman to head the organization. (AFP/Getty Images)

Christine Lagarde, newly appointed Managing Director of the International Monetary Fund, arrives for her first day of work at IMF headquarters July 5, 2011 in Washington, DC. Lagarde replaces Dominque Strauss-Kahn as the head of the IMF, and is the first woman to head the organization. (AFP/Getty Images)

Christine Lagarde (C), newly appointed Managing Director of the International Monetary Fund, is greeted by Deputy Director John Lipsky (R) and Shakour Shaalan (L), Dean of the Executive Board, after arriving for her first day of work at IMF headquarters July 5, 2011 in Washington, DC. Lagarde replaces Dominque Strauss-Kahn as the head of the IMF, and is the first woman to head the organization. (Getty Images)

Christine Lagarde, newly appointed Managing Director of the International Monetary Fund, arrives for her first day of work at IMF headquarters July 5, 2011 in Washington, DC. Lagarde replaces Dominque Strauss-Kahn as the head of the IMF, and is the first woman to head the organization. Walking with Lagarde are John Lipsky (R), First Deputy Managing Director of the IMF and Abdel Shakour Shaalan, Dean of the Executive Board of the IMF. (AFP/Getty Images)

Christine Lagarde, newly appointed Managing Director of the International Monetary Fund, arrives for her first day of work at IMF headquarters July 5, 2011 in Washington, DC. Lagarde replaces Dominque Strauss-Kahn as the head of the IMF, and is the first woman to head the organization. (Getty Images)

Christine Lagarde, newly appointed Managing Director of the International Monetary Fund, arrives for her first day of work at IMF headquarters July 5, 2011 in Washington, DC. Lagarde replaces Dominque Strauss-Kahn as the head of the IMF, and is the first woman to head the organization. (Getty Images)

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