World Bank CEO Georgieva sole candidate to lead IMF

A top executive at the World Bank faces no opposition in her candidacy to lead the International Monetary Fund, the fund announced Monday.

Chief executive officer of the World Bank Kristalina Georgieva speaks during the One Planet Summit at the UN headquaters in Nairobi, Kenya, March 14, 2019. [Photo: AFP/Yasuyoshi Chiba]

Kristalina Georgieva of Bulgaria, currently the bank's chief executive officer, is all but guaranteed to replace former Managing Director Christine Lagarde, who has been named to lead the European Central Bank.