IMF financial stability chief Tobias Adrian to step down August 31

WASHINGTON, - The International Monetary Fund said on Monday that Tobias Adrian, who led the IMF's Monetary and ‌Capital ⁠Markets Department ⁠through numerous shocks including COVID-19, subsequent inflation, tariff turmoil and conflicts in Ukraine and Iran, will step down effective ⁠August 31.

Adrian, a ‌German-U.S. dual national who led ⁠the IMF's Global Financial Stability Report assessing macro-financial risks, had previously held several senior positions at the Federal Reserve Bank of New York.

"The ‌Fund's membership has benefited greatly from Tobias' leadership and his ⁠ability to translate complex analysis into clear, actionable policy advice," IMF Managing Director Kristalina Georgieva said in a statement.