Opening Address by the Chairman of the Executive Board and Managing Director of the International Monetary Fund

Abstract

Mr. Chairman, Governors, Distinguished Guests: it is a pleasure to welcome you to these Annual Meetings on behalf of the International Monetary Fund. Let me first express the IMF’s gratitude to Horst Köhler - now President Köhler - for his leadership of the institution these past four years, and also to Anne Krueger for assuming the role of Acting Managing Director in the transition period. My personal thanks also to the Deputy Managing Directors for their help and counsel in the months since my appointment and to Jim Wolfensohn for extending a warm welcome and a hand of collaboration.