IMF financial stability chief Adrian to step down August 31

WASHINGTON, June ‌8 (Reuters) - ​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.

(Reporting by David Lawder; Editing by Mark ‌Porter)

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