who is the managing director of international monetary fund
International Monetary Fund Previous managing director Dominique Strauss-Kahn was arrested in connection with charges of sexually assaulting a New York hotel room attendant and resigned on 18 May. The charges were later dropped.[68] On 28 June 2011 Christine Lagarde was confirmed as managing director of the IMF for a five-year term starting on 5 July 2011.[69][70] In 2012, Lagarde was paid a tax-exempt salary of US$467,940, and this is automatically increased every year according to inflation. In addition, the director receives an allowance of US$83,760 and additional expenses for entertainment.[71]