The new head of the International Monetary Fund Christine Lagarde on Tuesday welcomed her appointment, saying she was "deeply honoured" to be chosen and vowing to serve its members well, DPA reported.
"I am deeply honoured by the trust placed in me by the Executive Board. I would like to thank the Fund's global membership warmly for the broad-based support I have received," the 55-year-old French finance minister said in a statement.
The IMF had "served its members well during the global economic and financial crisis, transforming itself in many positive ways," she said.
"I will make it my overriding goal that our institution continues to serve its entire membership with the same focus and the same spirit."