Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), announced today her intention to appoint Mr. Rodrigo Valdés as Director of the Fund’s Western Hemisphere Department (WHD). Mr. Valdés will assume his role as the head of the IMF’s department in charge of relations with member countries in the Americas on May 1, 2023. He will succeed Ilan Goldfajn, who separated from the Fund to become the seventh President of the Inter-American Development Bank (IDB).