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The Financial Express

Spain’s Nadia Calviño becomes head of IMF advisory committee

| Updated: January 10, 2022 17:25:39


Spain's Minister of Economy Nadia Calvino delivering a speech during a news conference on the second day of the informal meeting of European Union finance ministers in Romania on April 6, 2019 -Reuters file photo Spain's Minister of Economy Nadia Calvino delivering a speech during a news conference on the second day of the informal meeting of European Union finance ministers in Romania on April 6, 2019 -Reuters file photo

Spain’s First Vice President Nadia Calviño has become the chair of the International Monetary Fund’s policy advisory committee.

Members of the advisory body, the International Monetary and Financial Committee (IMFC), of IMF selected Nadia Calviño for a term of two years, effective January 3 next year, according to a press statement published on the IMF website on Thursday.

Calviño will succeed Magdalena Andersson, Prime Minister of Sweden and former Finance Minister, who will relinquish her duties as IMFC Chair at the end of December 2021.

Andersson has chaired the IMFC since January 18, 2021 and was the first woman to hold the position. Calviño will serve for the remaining two years of the Chair’s three-year term.

Calviño has been serving the duties as First Vice President of Spain since July 2021. She is also the current Minister for Economy and Digitalisation, a position she has held since 2018.

Prior to the ministerial post, she held other senior roles within the ministry. Calviño has also served in senior positions in several directorates-general at the European Commission, including as Director-General in charge of the EU Budget from 2014 to 2018.

She has lectured at the Faculty of Economics at the Universidad Complutense of Madrid, and holds degrees in economics and law.

Along with many previous awards, such as the Commendation of the Order of Civil Merit in 2015, she was recently awarded the 2021 Woman and Technology Award by the Orange Foundation.

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