IMF proposes U.S. Treasury official as first deputy managing director
WASHINGTON, Sept. 19 (Xinhua) -- International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Thursday proposed the appointment of Daniel Kenya breaking news | Kenya news today |..
✨ Key Highlights
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), has proposed Daniel Katz, chief of staff to U.S. Treasury Secretary Scott Bessent, as the new first deputy managing director. This crucial appointment, considered the IMF’s number two leadership post, is slated to become effective on October 6, pending approval from the IMF’s Executive Board.
- The proposed appointment of Daniel Katz is for the significant role of first deputy managing director at the IMF.
- Katz currently serves as chief of staff to U.S. Treasury Secretary Scott Bessent and has a decade-long association with the Treasury Department.
- This announcement follows the departure of Gita Gopinath from the same position at the end of August.
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Kenya Joins UN Council as IMF Proposes Leadership and UAE Sets Visa Policy - September 2025
Kenya has been re-elected for a four-year term to the Postal Operations Council (POC) of the Universal Postal Union (UPU). The re-election occurred at the 28th Universal Postal Congress in Dubai, United Arab Emirates. Separately, Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), has proposed Daniel Katz as the new first deputy managing director, pending approval from the IMF’s Executive Board. In another diplomatic development, a Ugandan official confirmed that the United Arab Emirates (UAE) is implementing new visa restrictions for Ugandan nationals starting in January 2026. The UAE's move addresses concerns about immigration abuse and criminal activities.
