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Former PM Stubb indicates interest in IMF leadership

There is also speculation that two other Finns, Olli Rehn and Jyrki Katainen, may pursue the institution's top post.

Alexander Stubb.
Alexander Stubb's term at the EIB will come to a close at year's end. Image: Petri Raivio / Yle
Yle News

Finnish politician Alexander Stubb has told the STT news agency that he might be interested in joining the race for the Managing Director position at the International Monetary Fund, also known as the IMF.

Stubb, who served as Finland's prime minister in 2014-2015, said that his position as Vice-President at the European Investment Bank will finish at the end of 2019, and that he is still interested in an international appointment. The EIB is an international financial institution, with EU member states as its shareholders.

Finnish media channels have also speculated that Bank of Finland Governor Olli Rehn and European Commission VP Jyrki Katainen (also a former prime minister, serving before Stubb from 2011 to 2014) may also be interested in the post.

The IMF's current managing director, Christine Lagarde from France, was nominated by the European Council to succeed Mario Draghi as President of the European Central Bank on 2 July.

Together with the World Bank, the IMF plays a central role in the management of balance of payments difficulties and international financial crises in the world.

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