Camdessus, Michel - from France

ID: 241882
Organization: IMF
Country of meeting: in the year 1998-1999

Is a French economist and administrator who was Managing Director of the International Monetary Fund (IMF) from 16 January 1987 to 14 February 2000. To date, he is the longest serving Managing Director of the IMF.

Among the most important events of his tenure was the 1997 East Asian financial crisis. His role has been criticized for not paying attention to the unique circumstances of the East Asian countries and blindly imposing the measures that were followed in Mexico leading to considerable turmoil and rioting in countries such as Indonesia.

Previously, he was Deputy Governor and Governor of the Bank of France from November 1984 until his move to Washington, D.C..

Born in Bayonne, France, Mr. Camdessus was educated at the University of Paris and earned postgraduate degrees in economics at Institut d'Etudes Politiques de Paris (Sciences Po) in Paris and École nationale d'administration.

Activities in the Orangization:
Chair of the Executive Board, Management