Mexico will officially back its central bank chief Agustin Carstens as next managing director of the IMF, its finance and public credit ministry announced Sunday.
Finance Minister Ernesto Cordero "will propose Bank of Mexico director Agustin Carstens' candidacy to lead the International Monetary Fund," his office said in a statement.
The IMF on Friday issued guidelines to begin the selection process of a new managing director after its former leader, Dominique Strauss-Kahn of France, resigned to face charges he raped a hotel maid.
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Carstens, educated in Mexico and the United States, has domestic and international professional experience which helps "make him an ideal candidate," the Mexican statement said.
Britain and France have voiced support for French Finance Minister Christine Lagarde for the IMF post.
