Bank of China's Zhu Min may join IMF -report

Published: 12 Oct 2009 18:13:49 PST

BEIJING, Oct 13 - Zhu Min, an executive vice president with Bank of China <3988.HK><601988.SS>, might take up a senior post at the International Monetary Fund (IMF), a local Chinese newspaper reported on Tuesday.

The 21st Century Business Herald cited unidentified sources as saying that Zhu, a former World Bank economist who has worked at the Chinese bank since 1996, would be the first Chinese to occupy a top job at the Washington-based IMF.

Zhu would be transferred to the People's Bank of China, the central bank, before the move to the IMF, the paper said.

A spokesman for the Bank of China, the country's fourth-largest lender by assets, could not immediately be reached for comment.

Justin Lin, a leading Chinese academic, joined the World Bank last year as its chief economist, an appointment regarded as a reflection of China's growing global stature.