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  1. Home
  2. On This Day
  3. January
  4. 1
  5. Christine Lagarde

Births on January 1

Christine Lagarde
1956Jan, 1

Christine Lagarde

Christine Lagarde, French lawyer and politician; Managing Director, International Monetary Fund
Christine Madeleine Odette Lagarde (French: [kʁistin madlɛn ɔdɛt laɡaʁd]; née Lallouette, IPA: [lalwɛt]; born 1 January 1956) is a French politician and lawyer who is the current president of the European Central Bank, a position she has held since 1 November 2019. Prior to this appointment and between July 2011 and September 2019, she was the managing director of the International Monetary Fund (IMF).Lagarde previously held various senior ministerial posts in the Government of France: she was Minister of Foreign Trade (2005–2007), Minister of Agriculture and Fishing (2007) and Minister of the Economy, Finance and Industry (2007–2011). Lagarde was the first woman

to become finance minister of a G8 economy and is the first woman to head both the ECB and the IMF. A noted antitrust and labour lawyer, Lagarde was the first female chair of major international law firm Baker & McKenzie, between 1999 and 2004. On 16 November 2009, the Financial Times ranked her the best finance minister in the Eurozone.On 5 July 2011, Lagarde replaced Dominique Strauss-Kahn as managing director of the IMF for a five-year term. Her appointment was the 11th consecutive appointment of a European to head the IMF. She was re-elected by consensus for a second five-year term, starting 5 July 2016, being the only candidate nominated for the post. In December 2016, a French court convicted her of negligence relating to her role in the Bernard Tapie arbitration, but did not impose a penalty. In 2019 and again in 2020, Forbes ranked her number two on its World's 100 Most Powerful Women list.

References

  • Christine Lagarde
  • International Monetary Fund

Choose Another Date

Events on 1956

  • 26Jul

    Suez Crisis

    Following the World Bank's refusal to fund building the Aswan Dam, Egyptian leader Gamal Abdel Nasser nationalizes the Suez Canal, sparking international condemnation.
  • 17Oct

    Bobby Fischer

    Donald Byrne and Bobby Fischer play a famous chess game called The Game of the Century. Fischer beat Byrne and wins a Brilliancy prize.
  • 23Oct

    Hungarian Revolution of 1956

    Thousands of Hungarians protest against the government and Soviet occupation. (The Hungarian Revolution is crushed on November 4).
  • 4Nov

    Hungarian Revolution of 1956

    Soviet troops enter Hungary to end the Hungarian revolution against the Soviet Union, that started on October 23. Thousands are killed, more are wounded, and nearly a quarter million leave the country.
  • 12Nov

    Sudan

    Morocco, Sudan and Tunisia join the United Nations.

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