IMF Managing Director Kristalina Georgieva Appoints Rodrigo Valdés as Director of the Fiscal Affairs Department.
Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva appointed a Chilean national named Mr. Rodrigo Valdés as Director of the IMF’s Fiscal Affairs Department (FAD).
A 58-year-old Mr. Valdés will succeed Vitor Gaspar, starting on October 27, 2025.
According to the IMF press release, Valdés brings a wealth of policy experience to the position, both from his position at the IMF and as a policy practitioner in government and central banking.
From 2023, he led the IMF’s Western Hemisphere Department (WHD) ensuring that the Fund’s policy advice to a diverse region, including the world’s largest economy and small island states, was underpinned by tailored and rigorous analysis.
He also worked closely with country authorities to develop Fund-supported programs to a large number of countries in the region.
Previously, as a Deputy Director in both WHD and the European Department (EUR) from 2009-2012, he supported countries in navigating the aftermath of the global financial crisis.
A former Finance Minister of Chilean government Mr. Valdés holds a Ph.D. in economics from the Massachusetts Institute of Technology and a bachelor’s degree in economics from the University of Chile also held several key leadership positions at the Central Bank of Chile.
Mr. Valdés has also had outstanding careers in banking, private sector development, and academia. He held senior positions at BTG Pactual, Banco Estado, and Barclays Capital in New York and served as a Professor of Economics in the School of Government at the Catholic University of Chile.
He has published numerous academic and policy papers on fiscal, monetary, and other macroeconomic and financial topics, the release added.
