MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, May 16, 2011 A Fund CEO's Name Crops Up as a Possible Candidate for Top IMF Gig
El-Erian, Pimco's CEO and co-CIO, earlier in his career spent 15 years at the IMF. The Associated Press and CNN are among the media outlets that named El-Erian as one of the possible replacements for Strauss-Kahn. Other potential candidates include Kermal Davis, who is with the Brookings Institution, Mexico central bank governor Agustin Carstens, Montek Singh Ahluwlia, an economic adviser to Indian Prime Minister Manmohan Singh and Stanley Fischer, governor of Israel's central bank. This is not the first time that El-Erian's name was linked to the top job at the IMF. "Emerging market countries have tried to break Europe's hold on the job during the past two succession battles," Reuters reports. "Egypt twice nominated Mohamed El-Erian, now co-chief executive of PIMCO, the world's largest bond fund, and Russia nominated former Czech central banker Josef Tosovsky to head the institution." Printed from: MFWire.com/story.asp?s=36819 Copyright 2011, InvestmentWires, Inc. All Rights Reserved |
