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Horst Kohler of the IMF

WAP2000032311 - 23 MARCH 2000 - WASHINGTON. DC, USA: The Executive Board of the International Monetary Fund (IMF) today agreed unanimously to select Horst Kohler as Managing Director and Chairman. Mr. Kohler will succeed Michel Camdessus, who resigned on February 14, 2000. Mr. Kohler, 57, a national of Germany, is currently President of the European Bank for Reconstruction and Development, a post to which he was appointed in September 1998. Mr. Kohler earned a doctorate in economics and political sciences from the University of TÅ¸bingen, where he was a scientific research assistant at the Institute for Applied Economic Research from1969 to1976. After completing his education, he held various positions in Germany's Ministries of Economics and Finance between 1976 and 1989. He is married to Eva Kohler and has two children. jr/cc/IMF UPI

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