The head of the IMF appointed a new Director of the European Department

The new Director of the European Department of the IMF, in conducting which includes Russia, was Alfred Kammer, said the report Fund released on Wednesday.

The announcement of the intention to appoint him to the post was announced by the head of the Foundation, Kristalina Georgieva, said there. He works at the IMF since 1992. Kammer participated in programs to support economies during the transition period after the fall of the Berlin wall, and was in Russia as a representative during the 1998 crisis.

He led the work on the international monetary system to strengthen the global financial safety and participated in the IMF's work related to the G20 and G7, the report said.

In his new post he will replace Paul Thomsen and will assume his duties August 1, 2020.