Current Affairs - Persons - Discussion

International Monetary Fund (IMF) appointed American economist David Lipton as its interim leader. He replaces Christine Lagarde who was nominated to head the European Central Bank. Lipton was Special Assistant to the President and served as Senior Director for International Economic Affairs at the National Economic Council and National Security Council at the White House. He also worked as a Managing Director and Head of Global Country Risk Management at Citigroup. He also served as a secretary in the Treasury Department from 1993 to 1998 under the Clinton administration.