Lagarde pledges to diversify IMF after sex scandal

French Finance Minister Christine Lagarde poses before giving a television interview, Tuesday June 28, 2011 in Paris, after she has been chosen to lead the International Monetary Fund. She will become the first female managing director of the global lending organization.(AP Photo/Jacques Brinon)

July 6, 2011 8:08:38 AM PDT
The new chief of the International Monetary Fund is pledging to diversify the staff and make the institution more open for developing countries.

Christine Lagarde is the first woman to hold the top job at the international lending organization. She was chosen after her predecessor, Dominique Strauss-Kahn, resigned in May to fight charges that he sexually assaulted a New York City hotel housekeeper.

Lagarde is under pressure to address the IMF's reputation as a melting pot of international elites - one that was known for male-dominated clubbiness well before the scandal.

Lagarde says in a news conference: "The value of diversity is top on my list of priorities It's not just gender diversity, it's about culture, it's about academic background."