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IMF board to confirm new Lagarde mandate Friday - French paper

Reuters

PARIS (Reuters) - The International Monetary Fund's board is set to confirm Christine Lagarde for a second term at the helm of the organisation on Friday, French daily L'Opinion reported on Thursday.

The paper said the board, which had been scheduled to appoint Lagarde by early March at the latest, had decided to confirm her appointment earlier since there were no other candidates.

Lagarde was virtually assured a second term when nominations for the job closed mid-February with no challengers. The IMF said at the time she was the only person nominated and it would aim to complete the selection process quickly.

(Reporting by Geert De Clercq; editing by John Stonestreet)