Paschal Donohoe considering bid to be next head of IMF

Bloomberg reports that Donohoe has a plausible path to US support for the role as he has a close relationship with Treasury Secretary Janet Yellen

A spokeswoman for Donohoe said he is “fully focused on his current work and responsibilities in Ireland and in the Eurogroup and committed to serving his full mandate.

Minister for Public Expenditure Paschal Donohoe is considering a bid to lead the International Monetary Fund (IMF).

While no candidate has put forward their name yet for the role, Bloomberg is reporting that Donohoe is holding preliminary conversations over the matter and would have a strong candidacy given the respect he has in Europe and a close relationship with US Treasury Secretary Janet Yellen.