IMF Institutes Ethics Training

Written by FrumForum News on Tuesday July 5, 2011

The Washington Post reports:

Christine Lagarde has held three chairs in the French cabinet, helped run a major global law firm, earned several advanced academic degrees and is a member of the French Legion of Honor. Among her first duties as managing director of the International Monetary Fund: mandatory ethics training.

As part of the contract signed with her new employer, the former French finance minister — and first-ever woman to occupy the fund’s executive suite — will sit in one-on-one sessions with IMF ethics chief Virginia Canter and have it explained that the IMF encourages the advancement of women and discourages sexual harassment, bullying or other intimidation.

Down the road, she’ll be asked to complete the same sort of online programs and questionnaires that have become a staple of modern organizational life.

“You shall strive to avoid even the appearance of impropriety in your conduct,” Lagarde’s contract states, the first time such broad language on behavior has been included in an IMF managing director’s employment agreement.

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