IMF Appoints a New Female Director

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· The International Monetary Fund (IMF) welcomes a new female Director of the Fund’s Office of Internal Audit and Inspection (OIA) appointed by the Managing Director Christine Lagarde.

· The new director is Nancy Asiko Onyango, from Kenyan who succeeds Clare Brady, former OIA director who left the Fund at the beginning of this last quarter.

· Ms Onyango is expected to resume her new position from February 2018.

Ms Onyango who is an expert in regulating financial service has worked across several industry sectors, including governments, and non-governmental organizations.

She is experienced in international, continental and regional ethics having worked in the United Kingdom, Europe, and Africa.

She was appointed CEO at Reliance Risk Advisory Solutions based in Kenya recently and has once partnered with PricewaterhouseCoopers, Kenya.

According to Ms Lagarde, “ Ms Onyango brings to the Fund more than 25 years of experience in internal audit, strategic risk management, corporate governance, and IT risk management,”

“In addition to her extensive assurance and corporate governance experience, Nancy is passionate about empowering women and girls, notably in harnessing their leadership potential. She is a Global Give Back Circle mentor to girls from disadvantaged backgrounds.”

“I have full confidence that the OIA will continue to thrive under Nancy’s leadership,” Ms Lagarde said.