Global: IMF director makes uninspiring choice for deputy

According to this analysis by the Bretton Woods project, the imminent departure of Anne Krueger from the post of first deputy managing director of the IMF, gave Rodrigo de Rato the unique chance to move the Fund in a different direction as it looks to implement its medium-term strategic review. Instead, the managing director nominated US banker John Lipsky, maintaining the convention of keeping the top two posts at the Fund split between the transatlantic power centres.