IMF: An Epitome of Racism.

IMF: International Monetary Fund.  An international  body that oversees the global financial system by following the macroeconomic policies of its MEMBER COUNTRIES. From the above statement, I want to believe that all the member states should be evenly and equally represented. But checking through the list of its past leaders, I don’t think the phrase "Racial Equality" exists in their world. Below is a tabulated list of the past IMF Presidents till date

Dates	Name	Nationality
May 6, 1946 – May 5, 1951	Camille Gutt	Belgium
August 3, 1951 – October 3, 1956	Ivar Rooth	Sweden
November 21, 1956 – May 5, 1963	Per Jacobsson	Sweden
September 1, 1963 – August 31, 1973	Pierre-Paul Schweitzer	France
September 1, 1973 – June 16, 1978	Johannes Witteveen	Netherlands
June 17, 1978 – January 15, 1987	Jacques de Larosière	France
January 16, 1987 – February 14, 2000	Michel Camdessus	France
May 1, 2000 – March 4, 2004	Horst Köhler	Germany
March 4, 2004 - June 7, 2004 (acting)	Anne Osborn Krueger	United States
June 7, 2004 – October 31, 2007	Rodrigo Rato	Spain
November 1, 2007 – May 18, 2011	Dominique Strauss-Kahn	France
May 18, 2011 – present (acting)	John Lipsky	United States

Due to this inequality, coupled with the many corrupt tyrants we have in Africa, they have been able to under-develop Africa by their various harsh and unfriendly economic policies. Now is the time to give an African or at least a Black Man a chance to be at the helms of affair. Since IMF’s inception, there has never been a black Managing Director; its leadership has always been between the US and few EU states.

African elites should rise up to the occasion and contest for the utmost leadership role in the organisation, IMF should also create an enabling environment for equal participation for all and sundry in the upcoming event. IMF should emulate the UN, and proof its influence is worldwide and not limited to the EU and the US.