NEW YORK — The International Monetary Fund Deputy Managing Director, Mitsuhiro Furusawa, intends to conclude his service with the Washignton-based multilateral lender on November 30, the institution announced today in a statement.
Mr. Furusawa has been a member of the Fund’s management team since March 2015 and led the Fund’s work on reforms of quota and the Fund finances, concessional financing reforms, and served as the chair of the Investment Oversight Committee, according to the statement issued by the office of Managing Director, Kristalina Georgieva.
He was a key player in the Fund’s work on the historic USD650 billion SDR Allocation and, most recently on voluntarily channeling SDRs to countries most in need. Mr. Furusawa also spearheaded fundraising efforts for the Catastrophe Containment and Relief Trust. Mr. Furusawa oversaw the IMF engagement with a large number of member countries, regional blocks, and currency unions, such as the Association of Southeast Asian Nations (ASEAN), the Central African Economic and Monetary Community (CEMAC), and the West African Economic and Monetary Union (WAEMU). His leadership and strategic foresight were crucial in bringing several complex program cases to a successful completion.