IFI governance


IEO new head, new work programme

12 September 2005

In June, Thomas Bernes was appointed as the new head of the Independent Evaluation Office (IEO) of the IMF. Bernes previously served as the secretary of the joint IMF-WB development committee, and IMF executive director for Canada from 1996 – 2001.

The IEO confirmed that its evaluations for fiscal year 2006 will include: IMF advice on exchange rate policy, IMF role in selected African countries (aid predictability and debt sustainability), and the effectiveness of bilateral surveillance.