The International Monetary Fund (IMF) is set to name Ceyla Pazarbasioglu as director of the strategy, policy and review department, IMF managing director Kristalina Georgieva said in a statement.

Pazarbasioglu is expected to assume her new role on September 15, succeeding Martin Mühleisen, who had earlier been appointed a special adviser to the IMF managing director effective September 15.

Pazarbasioglu, a Turkish national, is currently the World Bank Group’s vice president for equitable growth, finance and institutions, a position she has held since October 1 2018. In that role, she is focussed on helping low- and middle-income countries build the foundations for sustainable and inclusive growth. She has represented the World Bank as the G7 and G20 finance deputy and as a member of the Financial Stability Board.

Before joining the World Bank Group, Pazarbasioglu had a long and distinguished career at the IMF, where she rose through the ranks and became a deputy director of the Monetary and Capital Markets Department. During her 23 years at the Fund, Pazarbasioglu has worked on a wide spectrum of policy and country issues, ranging from the Financial Sector Assessment Program (FSAP) and the global regulatory reform agenda, to regional and country work on emerging Europe, the United Kingdom, Korea, and Thailand. She was instrumental in helping to reform and reshape the IMF’s work in the area of financial stability.

As director of strategy, policy and review, Pazarbasioglu will have primary responsibility for providing strong and forward-looking intellectual leadership and strategic vision for the IMF’s direction and policy development and application, as well as on country matters. In this role, she will lead the Fund’s engagement with the International Monetary and Financial Committee, the Development Committee, and the G20 and other institutions and groups including the United Nations, regional development banks and financial institutions, the G7, and the G24.