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Kristalina Georgieva
Kristalina Georgieva is a Bulgarian economist and international public official serving as Managing Director of the International Monetary Fund. Her career has included senior leadership at the World Bank and public office in the European Commission.
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About Kristalina Georgieva
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Bulgaria · Economist, International public official
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- Economist
- International public official
At a glance
- Georgieva has led the International Monetary Fund since October 2019 and began a second five-year term in October 2024.
- She joined the World Bank as an environmental economist in 1993 and later served as its Chief Executive Officer.
- Her European Commission roles covered humanitarian aid and crisis response, followed by responsibility for budget and human resources as a Commission Vice-President.
- Georgieva holds advanced degrees in economic science, political economy and sociology and taught at the University of National and World Economy.
Background and academic career
Born in Sofia, Bulgaria, in 1953, Georgieva earned a PhD in Economic Science and an MA in Political Economy and Sociology from the University of National and World Economy. She was an associate professor there from 1977 to 1993 before moving into international development work.
World Bank career
Georgieva joined the World Bank as an environmental economist in 1993 and subsequently held senior positions including Vice President and Corporate Secretary. She returned to the institution as Chief Executive Officer from January 2017 to September 2019 and also served for three months as interim president of the World Bank Group.
European Commission service
From 2010 to 2014, Georgieva served as European Commissioner for International Cooperation, Humanitarian Aid and Crisis Response. She then served from 2014 to 2016 as European Commission Vice-President for Budget and Human Resources.
Leadership of the IMF
Georgieva became Managing Director of the International Monetary Fund on October 1, 2019. The IMF Executive Board selected her by consensus for a second five-year term beginning October 1, 2024, and the Fund continued to list her in the role as of August 22, 2026.
Doing Business investigation
A World Bank-commissioned investigation published in 2021 found that pressure by Georgieva, then the Bank's Chief Executive Officer, and adviser Simeon Djankov was among the factors behind changes to China data in the Doing Business 2018 report. Georgieva rejected the findings and their interpretation of her role, while the IMF Executive Board later said its review did not conclusively demonstrate that she had played an improper role.
Timeline
- Born in Sofia, Bulgaria.
- Joined the World Bank as an environmental economist.
- Began serving as European Commissioner for International Cooperation, Humanitarian Aid and Crisis Response.
- Became European Commission Vice-President for Budget and Human Resources.
- Began her appointment as Chief Executive Officer of IBRD and IDA, the World Bank's lending arms.
- Began serving as Managing Director of the International Monetary Fund.
- Began a second five-year term as IMF Managing Director.
Additional verified details
Current context
- Georgieva is listed as Managing Director of the International Monetary Fund. Her second five-year term commenced on October 1, 2024.
Biographical facts
- Georgieva was born in Sofia, Bulgaria, on August 13, 1953.
- She holds a PhD in Economic Science and an MA in Political Economy and Sociology from the University of National and World Economy in Sofia.
- She was an associate professor at the University of National and World Economy from 1977 to 1993.
- Georgieva joined the World Bank as an environmental economist in 1993 and later held senior roles including Vice President and Corporate Secretary.
- She was European Commissioner for International Cooperation, Humanitarian Aid and Crisis Response from 2010 to 2014 and European Commission Vice-President for Budget and Human Resources from 2014 to 2016.
- Georgieva served as Chief Executive Officer of the World Bank from January 2017 to September 2019 and was interim president of the World Bank Group for three months during that period.
- A World Bank-commissioned investigation published in 2021 concluded that pressure by Georgieva and adviser Simeon Djankov to make specific changes to China data points was among the factors behind changes to the Doing Business 2018 report.
Connections
Affiliations
Affiliations associated with Kristalina Georgieva.
- International Monetary Fund Managing Director 2019-10-01–present
- World Bank Chief Executive Officer 2017-01–2019-09
- European Commission European Commissioner for International Cooperation, Humanitarian Aid and Crisis Response; later Vice-President for Budget and Human Resources 2010–2016
- University of National and World Economy Associate professor 1977–1993
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