SL national Sharmini Coorey retiring as Director of the IMF’s Institute for Capacity Development

Ms. Sharmini Cooray

Sri Lankan national, Sharmini Coorey, Director of the Institute for Capacity Development (ICD) of the International Monetary Fund (IMF), is retiring from the Fund on October 29, IMF Managing Director Kristalina Georgieva announced on Monday.

“Sharmini is one of the great leaders in the Fund. She has made incredible contributions throughout a stellar Fund career, which began in 1986. She was instrumental in establishing ICD, the Fund’s new department for capacity building. Her leadership was key in providing strategic direction for the governance, management, and funding of the IMF’s capacity building activities, making it an ever more potent instrument in the service of our membership. The restructuring of ICD’s own capacity development delivery has also helped to strengthen macroeconomic frameworks for forecasting and policy analysis, both inside and outside the Fund. Among her many achievements at the helm of ICD, Sharmini established the Fund’s highly successful online training program, which has reached over 110,000 active learners across 193 countries. She led the expansion of the Fund’s global network of capacity development centres in Africa and Asia,” Ms. Georgieva stated in a media release.

Ms. Coorey originally joined the Fund through the Economist Program. Immediately before leading ICD, she was Deputy Director in the African Department (AFR) where she oversaw the Fund’s work in a number of countries including South Africa, Botswana, Swaziland, Zimbabwe, Malawi, and the CEMAC region. In addition, she led AFR’s financial sector work and research agenda.