The IMF website on Oct 28 said Managing Director Kristalina Georgieva announced Deputy Managing Director Li Bo will leave when his term ends on Nov 30, 2026, and proposed China’s Ministry of Finance Vice Minister Liao Min to succeed him, effective Dec 1, 2026. If confirmed, Liao would be the IMF’s fourth Chinese deputy managing director.

2026-10-29

The IMF website on Oct 28 said Managing Director Kristalina Georgieva announced Deputy Managing Director Li Bo will leave when his term ends on Nov 30, 2026, and proposed China’s Ministry of Finance Vice Minister Liao Min to succeed him, effective Dec 1, 2026. If confirmed, Liao would be the IMF’s fourth Chinese deputy managing director.