The new man at the Fund

摘要

The job description is scarcely enticing: chief executive of a financial institution which has concentrated 70% of its lending on just three clients, whose corporate mission is in dispute, whose public image is poor and whose board of directors is meddlesome, quarrelsome and highly politicised. That, more or less, awaits Rodrigo Rato, until recently finance minister of Spain, who takes over as man aging director of the International Monetary Fund on June 7th. His predecessor, Horst Koehler, quit to become president of Germany, a rather less stressful post.