Thanks, DSK, we’ll take it from here

30 Jun

At least one positive note has come out of the whole DSK scandal—the new head of the International Monetary Fund is a lady!

Christine Lagarde is the first woman to head the IMF and is the 11th European to hold the top position. Fresh off of serving as the Finance Minister of France, (the first woman ever to serve in that role in a G-8 country) she is hoping to bring about change to the rigid institution.

“In my interview at the IMF with all the 24 administrators, there was not one single woman. So while I was being questioned for three hours by 24 men, I thought it’s good that things are changing a little.”

She has set a goal to have at least 25 percent of manager positions go by women by 2014. Currently, only 20 percent of managers at the IMF are women, compared to the World Bank, which employs 36 percent in management positions. Let’s hope that she advocates as a voice for women in the workplace and in the developing world. She definitely has a challenge ahead of her, but she was named the 17th most powerful woman in the world by Forbes in 2009, so I’m sure she is up for the challenge.

This post is brought to you by Laura, who is, was, and always will be a birthday girl.

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