JERUSALEM (JTA) -- Stanley Fischer, the governor of the Bank of Israel, will not be considered a candidate to lead the International Monetary Fund because of his age.
Fischer was notified Monday night that his announced candidacy for the position was disqualified since he is 67, and IMF rules state that the IMF Managing Director must be under 65 when taking office for the five-year position. Fischer had hoped that the IMF board would waive the restriction, saying it is "not relevant today."
JERUSALEM (JTA) -- Bank of Israel Governor Stanley Fischer did not rule out accepting the position of managing director of the International Monetary Fund should he win the election.
Fischer made the remarks Tuesday during an address at Ben-Gurion University of the Negev as part of its 41st Annual Board of Governors meeting.
"All of the press has been very nice to read compared to what is usually in the Israeli press, but, when I was job hunting at MIT, the professors there taught: 'Don't accept a nomination you haven't been offered yet,'" he said.
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