Ter-Minassian to head Fiscal Affairs Department

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Page 388

In a press release dated December 4, IMF Managing Director Horst Köhler announced his intention to appoint Teresa Ter-Minassian as Director of the Fiscal Affairs Department, effective January 2, 2001. She will succeed Vito Tanzi, who is retiring from the IMF.

Ter-Minassian, an Italian national, is currently Deputy Director of the IMF’s Western Hemisphere Department, where she has headed recent program negotiations with Brazil and Argentina, among other assignments. She is a graduate of the University of Rome and holds an M.S. degree in economics from Harvard University.

After four years as an economist in the Research Department of the Bank of Italy, Ter-Minassian joined the IMF in 1971 as an...