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IMF MD proposes appointment of Nigel Clarke as Deputy MD

Nigel Clarke

Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), has announced to the Executive Board her proposal to appoint Nigel Clarke to the position of Deputy Managing Director, effective October 31, 2024.

He will succeed Antoinette Sayeh, who, as previously announced, steps down on September 12, 2024

In announcing her selection of Mr. Clarke, Ms. Georgieva said: “Mr. Clarke is an exceptional public servant and policymaker, with proven leadership in institution building and economic crisis management, who has stewarded his country’s economy to a stronger and more sustainable position. Since 2016, he has been the IMF’s chief counterpart on successive and historically successful programs for Jamaica, including an Extended Fund Facility, a precautionary Stand-By Arrangement, and most recently a Precautionary Liquidity Line plus Resilience and Sustainability Facility, leaving the country with robust economic fundamentals. Nigel also brings a wealth of experience from a stellar private sector career.”

Mr. Clarke has been Jamaica’s Minister of Finance and the Public Service, and a Member of Parliament, since March 2018.

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