Jack Boorman, the Director of the IMF’s Policy Development and Review Department, announced to the staff of his department on May 14 that he would be leaving the IMF later in the year. He indicated that he had been considering leaving for some time and had told IMF Managing Director Horst Köhler of his decision in February. At that time, he confirmed that he would continue in his position through the ongoing transition to new management, but that he wished to leave soon after the Annual Meetings.
A U.S. national, Boorman joined the staff of the IMF in 1975 from a position of Advisor to the Central Bank of Indonesia. He stayed on in Indonesia and served as the IMF’s Resident Representative from 1976 to 1978. Upon returning to Washington, he served as a division chief in both the Asian and European Departments and as Assistant Director in the European Department before becoming Deputy Director of what was then the Exchange and Trade Relations Department (now Policy Development and Review Department) in 1987. He has served as Director of the Policy Development and Review Department since 1990. (An interview with Boorman, in which he discussed the important progress being made in the area of debt relief for the heavily indebted poor countries, was published in the IMF Survey, December 11, 2000, page 385; the IMF Survey May 7, 2001, page 160, carried a report on Boorman’s address to the Bretton Woods Committee on the IMF’s Contingent Credit Lines Facility.)