Christine Lagarde Wiki Biography. [4], On 5 July 2011, Lagarde replaced Dominique Strauss-Kahn as Managing Director of the IMF for a five-year term. Between July 2011 and November 2019, she served as chair and managing director (MD) of the International Monetary Fund (IMF). His candidacy was supported by many Latin American governments, as well as Spain, Canada and Australia. Christine Lagarde is recognized as one of the most influential women internationally. [58] To her belief that not enough Greeks paid their taxes, Professor Emeritus John Weeks of the University of London was quoted as saying "The moral weight of Christine Lagarde's matronising of the Greeks to pay their taxes is not strengthened by the fact that, as director of the IMF, she is in receipt of a tax-free annual salary of $468,000 (£298,000, plus perks). The Presence of Christine Lagarde's profile does not indicate a business or promotional relationship of any kind between RelSci and Christine Lagarde. [95], Lagarde presented the 2014 Richard Dimbleby Lecture, titled "A New Multilateralism for the 21st Century". 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It is great to be here today among friends and kindred spirits. [8] She was reelected by consensus for a second five-year term, starting 5 July 2016, being the only candidate nominated for the post. Le 19 juin, Christine Lagarde fêtera son troisième anniversaire à la tête du ministère de l'Economie. Find out how the ECB promotes safe and efficient payment and settlement systems, and helps to integrate the infrastructure for European markets. Discover euro banknotes and their security features and find out more about the euro. Lagarde became the first woman to be elected as the head of the IMF. Christine Lagarde has begun her rein at the European Central Bank (ECB) with a promise not to be a hawk, nor a dove, but an owl, “associated with a little bit of wisdom”. "[61][62] Robert W. Wood, in a Forbes article, wrote that "No taxes is the norm for most United Nations employees covered by a convention on diplomatic relations signed by most nations. "[7] President Nicolas Sarkozy referred to Lagarde's appointment as "a victory for France." ... What follows are the highlights of ECB president Christine Lagarde’s comments at a post-policy meeting press conference. [5][6][7] The IMF's executive board praised both candidates as well-qualified, but decided on Lagarde by consensus. Christine Lagarde is the first woman chairman at the world’s largest law firm, Baker & McKenzie. Home > Authors > Christine Lagarde; Contact. [citation needed] Since 2006, her partner has been the entrepreneur Xavier Giocanti from Marseille. "[7] She said of her predecessor that: "The IMF has taken up the challenges of the crisis thanks to the actions of Managing Director Dominique Strauss-Kahn and to his team as well. [44], In July 2010, Lagarde told the PBS NewsHour that the IMF's lending program for distressed European countries was "a very massive plan, totally unexpected, totally counter-treaty, because it wasn't scheduled in the treaty that we should do a bailout program, as we did." [21][22] She also holds a master's degree from the Institut d'études politiques in Aix-en-Provence. Learn more about Lagarde’s life and career. Elle est l'aînée de quatre enfants, dont trois garçons 3,4. Between July 2011 and November 2019, she served as chair and managing director (MD) of the International Monetary Fund (IMF). Read about the ECB’s monetary policy instruments and see the latest data on its open market operations. In 2019, she received the CARE Humanitarian Award from CARE and Distinguished … [18][23] Since 2010, she has presided over the Aix school's board of directors. She has a number of awards and accolades to her name. Christine Madeleine Odette Lagarde (French: [kʁistin madlɛn ɔdɛt laɡaʁd]; née Lallouette, IPA: ; born 1 January 1956) is a French politician and lawyer serving as President of the European Central Bank since November 2019. Tags : Ban Ki-moon, Christine Lagarde, Global Leadership Awards, James A. Baker III, Spring2016, Wang Boming "The most global public policy school, where an international community of students and faculty address world challenges." Daley, Suzanne. She handled major antitrust and labour cases, was made partner after six years and was named head of the firm in Western Europe. [65], On 2 July 2019, Lagarde was nominated by the European Council to succeed Mario Draghi as President of the European Central Bank (ECB) on 1 November 2019. ", "IMF's Lagarde warns global economy threatened – Business – Stocks & economy | NBC News", "Greece seeks more time to meet bailout terms", "IMF Concedes It Made Mistakes on Greece", "Greece's creditors close to writing off some of its debt", "Exclusive: Yanis Varoufakis opens up about his five-month battle to save Greece", "IMF stuns Europe with call for massive Greek debt relief", "IMF steps up Greek bailout criticism over debt relief package", "IMF: No Cash Now for Greece Because Europe Hasn't Promised Debt Relief", "Christine Lagarde: Changing of the Guard", "Christine Lagarde: can the head of the IMF save the euro? [81], On 3 August 2011, a French court ordered an investigation into Lagarde's role in a €403 million arbitration deal in favour of businessman Bernard Tapie. [51] As the crisis peaked again in summer 2015, Lagarde's organization made headlines by calling for massive debt relief for Greece,[52] a call she reiterated personally. She mentioned Greek tax avoidance, and assented to the interviewer's suggestion that Greeks had "had a nice time" but now "it is payback time. • 2011 – 9th Most Powerful Woman in the World, named by Forbes magazine Hon. Key figures and latest releases at a glance. The series launched with the March 2019 Women & Power Summit, through which Marcia worked with then-IMF Managing Director Christine Lallouette Lagarde ’74 and 35 other alumnae to engage Upper School students in the discussion about what happens when women exercise and extend our power—and harness it for good. Navigation Path: Home›About›Organisation›Decision-making›Christine Lagarde, We are always working to improve this website for our users. Christine Lagarde, Self: Inside Job. Christine Lagarde, President of the European Central Bank. English. [67][66], As president, Lagarde is expected to maintain the accommodative monetary policy of her predecessor, Mario Draghi. With respect to the French economy, she stated that besides short-term stimulus efforts: "we must, very decisively, cut our deficit and reduce our debt. A few days before the Greek general elections of January 2015, when it was clear that left-wing Syriza would come to power, the financial crimes police of the conservative government of Antonis Samaras shredded reams of documents pertaining to corruption cases. Christine Lagarde was born on January 1, 1956 in Paris, France as Christine Madeleine Odette Lallouette. James Politi, Sam Fleming and Alex Barker (12 September 2018). Integrated Reporting Awards: Transparency is key to reports . Elle étudie au lycée Fr… [91], Lagarde was interviewed in the documentary film Inside Job (2010), which later won an Academy Award for Best Documentary Feature. [76][77] He was immediately arrested on charges of breaching privacy laws with a possible sentence of up to two years in prison. Her father, Robert Lallouette, was a professor of English; her mother, Nicole (Carré),[14] was a Latin, Greek and French literature teacher. [25][26][27][28], In 2004, Lagarde became president of the Global Strategic Committee. Awards; Abonnements; Rechercher : Rechercher. "[45], In public remarks made right after her appointment, Lagarde stated that both the IMF and EU required Greek austerity measures as a prerequisite for further aid. Bonsoir and good evening to all of you. [94], Meryl Streep based parts of Miranda Priestly's appearance in the feature film The Devil Wears Prada (2006) on Lagarde, citing her "unassailable elegance and authority". [30] The following month she joined Fillon's cabinet in the Ministry of Economic Affairs, Finance and Employment. The Imf found that direct and indirect subsidies for coal, oil and gas in the U.S. reached $649 billion in 2015. [29], As France's Trade Minister between 2005 and May 2007, Lagarde prioritized opening new markets for the country's products, focusing on the technology sector. Christine Lagarde is the current Minister of economy, finance and employment of France. Christine Madeleine Odette Lagarde (French: [kʁistin madlɛn ɔdɛt laɡaʁd]; née Lallouette, IPA: [laluɛt]; born 1 January 1956) is a French politician, businessperson and lawyer serving as President of the European Central Bank since 1st November 2019. [5][6][7] Her appointment was the 11th consecutive appointment of a European to head the IMF. [78] After a public outcry, Vaxevanis was found not guilty three days later. "[63], In January 2015, on the death of King Abdullah of Saudi Arabia, Lagarde said "he was a strong believer in pushing forward women's rights",[64] prompting a number of observers to comment on the life of women generally in Saudi Arabia. Chaque année, les Glamour Awards récompensent les femmes de l’année. [53] In 2016, the IMF refused to participate with eurozone countries in further emergency financing for Greece, because concrete measures to relieve the country of its debt burden remained absent. By the way, if someone is not aware of her full name so it’s Christine Madeleine Odette Lagarde. [88][89][90] In December 2016, the court found Lagarde guilty of negligence, but declined to impose a penalty. Banking Supervision. In 2019 and again in 2020, Forbes ranked her number two on its World's 100 Most Powerful Women list. "[56][57] Her comments provoked controversy, with Greek Prime Minister Alexis Tsipras making a statement that "We don't need her compassion," while his Deputy, Evangelos Venizelos said she had "insulted the Greek people." Speaking to The Economist, she relishes the memory of shaking up bureaucrats—“men in grey suits”—when she took over as France’s finance minister in 2007.She even installed a “psychedelic” carpet in her office, to … [58] [59] In an effort to quell the negative response, the next day Lagarde made a post to her Facebook page saying: "As I have said many times before, I am very sympathetic to the Greek people and the challenges they are facing. Christine Lagarde . [46], In July 2012, as the Greek economy continued to decline, and the country's leaders asked for an easing of the terms of external assistance, Lagarde said she was "not in the negotiation or renegotiation mood at all. [24], Lagarde joined Baker & McKenzie, a large Chicago-based international law firm, in 1981. [3] A noted antitrust and labour lawyer, Lagarde was the first female Chair of major international law firm Baker & McKenzie, between 1999 and 2004. Christine Lagarde attends the Glamour Celebrates 2016 Women Of The Year Awards - Arrivals at NeueHouse Hollywood on November 14, 2016 in Los Angeles,... Christine Lagarde, new president of the European Central Bank , speaks to the media as she arrives for work at … Oxfam, a charity working in developing nations, called the appointment process "farcical" and argued that what it saw as a lack of transparency hurt the IMF's credibility. Christine Lagarde is an accomplished synchronized swimmer, and earned a spot on the French national team while in her teens. On 16 November 2009, the Financial Times ranked her the best finance minister in the Eurozone. Other languages 22 + Select your language. [33] Her candidacy received the support of the British, Indian, United States, Brazilian, Russian, Chinese and German governments. [87] On 17 December 2015, the CJR ordered Lagarde to stand trial before it for alleged negligence in handling the Tapie arbitration approval. 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