Appointment of Switzerland's representative on International Monetary Fund's Executive Board

Bern, 08.03.2024 - During its meeting on 8 March 2024, the Federal Council appointed Christoph Baumann, currently Deputy Head of the Planning and Strategy Division at the State Secretariat for International Finance (SIF), as Switzerland's representative on the Executive Board of the International Monetary Fund (IMF) in Washington D.C., United States. The four-year term of office will start on 1 November 2024. He will initially be Deputy Executive Director for two years and then Executive Director.

Christoph Baumann, aged 39, has been with SIF since June 2020 and is currently Deputy Head of the Planning and Strategy Division. In this role, he is envoy for sustainable finance, Switzerland's G20 Finance DD, and coordinator of Switzerland's participation in the G20 Finance Track. Before joining SIF, he worked at the Swiss National Bank in the area of financial stability, and was previously involved in establishing a securities dealer. He holds a master's degree in economics from the University of Zurich and various additional qualifications.

Christoph Baumann's four-year term of office in Washington D.C. will begin on 1 November 2024, when the term of office of the current Executive Director, Marcel Peter, ends. In accordance with the alternating directorship of the Executive Board, Christoph Baumann will initially serve as deputy to the Polish Executive Director for the first two years, after which, subject to election by the IMF constituency, he will take over as Executive Director. Switzerland's representative on the Executive Board defends the country's interests in strategic, operational and administrative issues in the IMF.

Aside from Switzerland and Poland, the members of Switzerland's constituency in the Bretton Woods institutions include Azerbaijan, Kazakhstan, the Kyrgyz Republic, Serbia, Tajikistan, Turkmenistan and Uzbekistan.


Address for enquiries

Communications
State Secretariat for International Finance SIF
Tel. +41 58 462 46 16, info@sif.admin.ch


Publisher

The Federal Council
https://www.admin.ch/gov/en/start.html

State Secretariat for International Financial Matters
http://www.sif.admin.ch

https://www.admin.ch/content/gov/en/start/documentation/media-releases.msg-id-100339.html