The Mexican Finance Ministry said it would nominate central bank chief Agustin Carstens, placing a prominent emerging market name into the race to lead the global lender.
The International Monetary Fund has promised a merit-based process to replace former leader Dominique Strauss-Kahn of France, who is under house arrest in New York on charges he attempted to rape a hotel maid.
Europeans have held the top IMF job since its creation in 1945 and Christine Lagarde is widely considered the front-runner.
Deccan Herald is on WhatsApp Channels | Join now for Breaking News & Editor's Picks