New IMF Resident Representative in Bulgaria, Romania

Guillermo Tolosa (pictured) will succeed Tonny Lybek, IMF Resident Representative in Romania and Bulgaria, on July 1, 2013. File photo

Tonny Lybek, IMF Resident Representative in Romania and Bulgaria, has announced the end of his term. He will be succeeded by Guillermo Tolosa.

"After over 4 years, my term as IMF’s Resident Representative in Romania and Bulgaria is coming to an end. I am very pleased to announce that my successor is Guillermo Tolosa, who will begin his assignment on July 1, 2013,” Tonny Lybek said in an official statement.

Mr. Tolosa, a Uruguayan citizen, is currently the IMF Resident Representative to Armenia, where he has worked closely with the authorities on their economic program supported by the IMF.

Prior to that, he held a variety of assignments at the IMF, including contributing to the institution’s strategic thinking and developing macroeconomic policy analysis in a number of countries in Latin America and Eastern Europe.

Before joining the IMF, Mr. Tolosa served as an economist and economics professor at the Centre of Economic Research (CINVE) in Uruguay and at the University of the
Republic of Uruguay.

Throughout his career, Mr. Tolosa has earned a variety of scholarships and has written several papers on various policy issues.

Mr. Tolosa holds a PhD in Economics from University of California, Los Angeles.

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