, Oct. 29 -- International Monetary Fund (IMF) Managing Director Kristalina Georgieva has announced that Deputy Managing Director Bo Li will leave the organisation on November 30, 2026, at the end of his term, with Min Liao, currently Vice Minister of Finance of China, proposed to succeed him from December 1.

"Since joining the IMF in August 2021, Bo has been an outstanding member of our senior management team and a dear friend to so many of us. He has helped guide the Fund through some of the most turbulent years for the global economy with steady judgment, intellectual rigor, and a quiet kindness that people across the institution have come to value deeply," said Georgieva.

As Deputy Managing Director, Li has been responsible for the ...