IMF financial stability chief Tobias Adrian to step down August 31

WASHINGTON – Tobias Adrian, who led the IMF’s Department of Monetary and ⁠Capital ⁠Markets through ⁠COVID-19 and subsequent shocks including inflation, tariff turmoil and conflicts in Ukraine and Iran, will resign effective Aug. 31, the International Monetary Fund said Monday.

Adrian, a “German-US dual citizen” who leads the IMF’s Global Financial Stability Report, which evaluates macro-financial risks, previously held various senior positions at the New York Federal Reserve Bank.

“The Fund’s membership has benefited greatly from Tobias’ leadership and his ability to translate complex analyzes into clear, actionable policy recommendations,” IMF Managing Director Kristalina Georgieva said in a statement.