“Matei will be Romania’s new representative to the IMF as of the end of this summer,” the sources told Mediafax.
Matei will replace Mihai Tanasescu in the position, following the latter’s appointment as vice-president of the European Investments Bank.
This is the first executive position held by a Romanian official at the EIB.
Romania and the IMF last year signed a EUR3.5 billion two-year precautionary loan, successor to a larger EUR13 billion bailout financing received during 2009-2011. The new deal is supported by loans from the EU and the World Bank.