Kristalina Georgieva is poised to succeed Christine Lagarde as managing director of the IMF after the board of the Washington-based multilateral lender said on Monday she was the sole contender for the job.

Georgieva, a 66-year old Bulgarian who has served as chief executive of the World Bank since early 2017, will face a raft of challenges if her appointment is confirmed by the IMF's directors. The lack of other nominees means her success in the race is all but guaranteed.

As a champion of multilateralism, Georgieva is expected to maintain Lagarde's recent focus on tackling climate change, boosting female

Advertisement

The future of the Argentine bailout

The economic slowdown

Advertisement

Trade conflict

Finding the money

The repeat offenders