Kristalina Georgieva
Kristalina Georgieva · World Bank Group/ Grant Ellis, CC BY-SA 4.0, Wikimedia Commons
Person

Kristalina Georgieva

b. 1953

Bulgarian economist and CEO

Born
13 Aug 1953 · Sofia

Life timeline

Their life from birth to death. On the timeline, world events of the time are shown faintly.

Showing 84 years
  1. 13 Aug 1953BornBorn in Sofia
  2. 2010 – 2014RoleEuropean Commissioner for Preparedness and Crisis Management
  3. 2014 – 2016RoleEuropean Commissioner for Financial Programming and the Budget
  4. 2017 – 2019RoleChief executive officer
  5. 2019RoleActing president
  6. 2019RoleManaging Director of the International Monetary Fund

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Meanwhile in the world

Major world events during their lifetime (1953 – today).

  1. 1953 – 1959Cuban Revolution
  2. 19541954 FIFA World Cup
  3. 1955 – 1975Vietnam War
  4. 1956Hungarian Revolution of 1956
  5. 1956Suez Crisis
  6. 19581958 FIFA World Cup
  7. 1959Antarctic Treaty System
  8. 19621962 FIFA World Cup
  9. 1962Cuban Missile Crisis
  10. 19661966 FIFA World Cup
  11. 1966 – 1976Cultural Revolution
  12. 1968Prague Spring
  13. 1969Apollo 11 Moon landing
  14. 19721972 Summer Olympics
  15. 19741974 FIFA World Cup
  16. 19781978 FIFA World Cup
  17. 1978 – 1979Iranian Revolution
  18. 1979 – 1989Soviet–Afghan War
  19. 1980 – 1988Iran–Iraq War
  20. 19841984 Summer Olympics
  21. 1985Schengen Agreement
  22. 19891989 Tiananmen Square protests and massacre
  23. 1989Fall of the Berlin Wall
  24. 19901990 FIFA World Cup
  25. 1991Dissolution of the Soviet Union
  26. 19941994 FIFA World Cup
  27. 1994 – 1996First Chechen War
  28. 19981998 FIFA World Cup
  29. 2001 – 2021War in Afghanistan
  30. 2003 – 2011Iraq War
  31. 20042004 Indian Ocean earthquake and tsunami
  32. 20062006 FIFA World Cup
  33. 20082008 Summer Olympics
  34. 2008Russo-Georgian War
  35. 20102010 Haiti earthquake
  36. 2010 – 2012Arab Spring
  37. 20112011 Norway attacks
  38. 2011Libyan civil war
  39. 2011 – 2024Syrian civil war
  40. 20122012 Summer Olympics

Biography

Kristalina Ivanova Georgieva-Kinova (Bulgarian: Кристалина Иванова Георгиева-Кинова; née Georgieva; born 13 August 1953) is a Bulgarian economist who has served as the 12th managing director of the International Monetary Fund since 2019. She is the first person from an emerging market economy to lead the institution.

She began her career by teaching economics.

Serving as European Commissioner for International Cooperation, Humanitarian Aid, and Crisis Response from 2010 to 2014, Georgieva directed EU resources to aid those affected by crises including the 2010 Haiti earthquake. As vice-president of the European Commission for Budget and Human Resources from 2014 to 2016, she managed the EU's budget and staff through the aftermath of the Eurozone debt crisis and during the 2015 refugee crisis.

As the first chief executive officer of the World Bank from 2017 to 2019, Georgieva led significant reforms and secured the largest funding increase in the Bank's history, totaling $13 billion. She also served as Acting President of the World Bank Group in 2019. At the IMF, Georgieva helped steer the global economy through the COVID-19 pandemic, providing $1 trillion in liquidity and reserves, integrating climate considerations into IMF policies, and increasing financial and policy support to vulnerable countries. She was reappointed for a second term in 2024.

In 2021, during her tenure at the World Bank Group, an independent inquiry led by former US Attorney Ronald Machen and the law firm WilmerHale found she manipulated the World Bank's Doing Business report by instructing staff to alter data to inflate the rankings for China and Saudi Arabia. Her leadership of the IMF has also been criticized for being pro-authoritarian and providing forecasts of economic growth in Russia based on cherry-picked economic statistic releases following the Russian invasion of Ukraine.

Georgieva has been hailed for her work on gender equality and climate change. She was ranked 12th on the Forbes list of the World's 100 Most Powerful Women in 2023.

Text from the Wikipedia article Kristalina Georgieva, CC BY-SA 4.0

About this information

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