Dan Katz Appointed IMF’s First Deputy Managing Director

On October 3, 2025, the International Monetary Fund (IMF) Executive Board approved the appointment of Dan Katz as its First Deputy Managing Director, effective October 6, 2025. The nomination, put forward by IMF Managing Director Kristalina Georgieva, comes at a critical time as the global economy navigates through complex transformations in trade, inflation, and geopolitical shifts.

Katz’s appointment marks a significant leadership transition at the IMF, bringing with it a strong background in economic policy, international finance, and strategic diplomacy.

Who is Dan Katz?

Career in U.S. Treasury

• Dan Katz most recently served as Chief of Staff at the U.S. Department of the Treasury, where he acted as the principal advisor to Treasury Secretary Scott Bessent.
• His responsibilities included shaping domestic and international economic strategy, notably crafting the U.S. economic partnership with Ukraine and managing negotiations across regional and bilateral financial platforms.

He also held key positions such as,

• Senior Advisor to the Under Secretary for International Affairs
• Counselor to the Assistant Secretary for International Markets
• Policy Advisor in the Office of Terrorism and Financial Intelligence

In these roles, Katz was deeply involved in the Financial Stability Board and other global economic bodies, further strengthening his credentials in multilateral financial governance.

Experience in Think Tanks and Finance

Before his tenure in government, Katz was a Senior Fellow at the Manhattan Institute, focusing on central banking, economic statecraft, and international finance. He also worked in the private sector as,

• A global macro hedge fund analyst
• An investment banker at Goldman Sachs

This blend of policy, research, and private-sector experience equips Katz with a well-rounded perspective to handle the IMF’s growing responsibilities amid evolving global challenges.

Key Takeaways

• Dan Katz appointed IMF’s First Deputy Managing Director effective October 6, 2025
• Nominated by Kristalina Georgieva, approved by the IMF Executive Board
• Former Chief of Staff at the U.S. Treasury, advisor on Ukraine partnership
• Experience includes roles in think tanks, hedge funds, and Goldman Sachs