Ahluwalia says not in race for IMF chief post

NEW DELHI Wed May 18, 2011 5:00pm IST

Planning Commission Deputy Chairman Montek Singh Ahluwalia speaks during a conference in New Delhi March 27, 2009. REUTERS/Vijay Mathur/Files

Planning Commission Deputy Chairman Montek Singh Ahluwalia speaks during a conference in New Delhi March 27, 2009.

Credit: Reuters/Vijay Mathur/Files

Related Topics

NEW DELHI (Reuters) - Planning Commission deputy chairman Montek Singh Ahluwalia said on Wednesday he was not putting forward his name for the International Monetary Fund chief's post.

IMF chief Dominique Strauss-Kahn has been charged with trying to rape a hotel maid in New York, a scandal that upends his plans to run in France's presidential election and which throws the leadership of the global lender into turmoil.

Emerging countries are starting to flex their muscle over who should succeed Strauss-Kahn, who had been expected to leave soon anyway to run for French president. The job has been a virtual sinecure for Europeans. They have held all 10 managing director positions since the fund was created in 1945, and four of them have been Frenchmen.

"I am not putting my name forward for any of these things. I am quite happy with what I am doing. I am not looking for a change," Ahluwalia told Reuters.

Asked whether India will look for non-European or emerging markets candidate for the IMF chief post, he said the finance ministry will take a decision on India's stand.

(Reporting by Manoj Kumar and Matthias Williams; Editing by Ranjit Gangadharan)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

Earnings Season

Earnings Season

Reliance Q4 sales rise, refining margin narrows.  Read 

Literary Giant Dies

Literary Giant Dies

Nobel winner Garcia Marquez, master of magical realism, dies at 87.  Full Article 

Election 2014

Election 2014

India holds biggest day of voting with BJP gaining strength  Full Article | Full Coverage 

Insider Trading

Insider Trading

Ex-Goldman director Gupta starts prison term on June 17.  Full Article 

Market Eye

Market Eye

Sensex jumps 351 points, snaps 3-day losing streak  Full Article 

Expansion Plans

Expansion Plans

Reliance Industries, HPCL Mittal plan refinery expansions.  Full Article 

S&P on India

S&P on India

S&P: India's ratings to depend on next govt econ, fiscal policies.  Full Article 

Ambitious Aim

Ambitious Aim

In green car race, Toyota adds muscle with fuel-cell launch.  Full Article 

Bond Market

Bond Market

A star abroad, RBI boss riles bond traders at home  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage