Several high-profile names have already been floated as possible successors to Lagarde who has steered the IMF since 2011.
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French Finance Minister Bruno Le Maire said earlier Thursday he will lead talks on finding a single European candidate to succeed Christine Lagarde as head of the International Monetary Fund.Finance ministers of the four European members of the G-7 Germany, France, Britain and Italy met informally on the sidelines of the meeting of the most developed nations in Chantilly outside Paris to discuss the issue.Several high-profile names have already been floated as possible successors to Lagarde who has steered the IMF since 2011 .U.S. Treasury Secretary Steven Mnuchin emphasized that naming a European to head the IMF was a convention, "not an official policy".But he also acknowledged European support for the Trump administration's choice for head of the World Bank, the former senior U.S. Treasury official David Malpass.
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