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Monday, July 4, 2011. Christine Lagarde Announced as First Female Head of IMF. French finance minister Christine Lagarde was today announced as the first female leader of the International Monetary Fund. She takes over from Dominique Strauss-Kahn, beginning her five-year term on 5 July. Talking about negotiations such as these, Lagarde has said that her understated, feminine approach can prove an asset when dealing with male peers. The chancellor, George Osborne, hailed Lagarde as. She is the best person.

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