Lagarde favourite to be next IMF leader

Christine Lagarde is the favourite to take over as the new IMF leader according to Ladbrokes.

Following Dominique Strauss-Kahn’s resignation, the French finance minister is in pole position at 2/1 with stand-in Lipsky the 4/1 second favourite.

Gordon Brown is a live 6/1 chance with Scandinavian Finance ministers Anders Borg & Jykri Katainen 25/1 outsiders.

Alex Donohue of Ladbrokes said: “Lagarde’s handling of the credit crisis makes her the form pick and a worthy favourite. We’re also sure to see money for Brown.”

Ladbrokes latest betting

Next IMF leader
Christine Lagarde – 2/1
John Lipsky – 4/1
Stanley Fischer – 5/1
Mehmed Simsek – 6/1
Gordon Brown – 6/1
Montek Singh Ahluwalia – 6/1
Kemal Dervis – 8/1
Ernesto Zedillo – 8/1
Axel Weber – 10/1
Trevor Manuel – 10/1
Mario Monti – 12/1
Tharman Shanmugaratnam – 12/1
Lars Lokke Rasmussen – 20/1
Mohamed El-Erian – 20/1
Anders Borg – 25/1
Jykri Katainen – 25/1