IMF replaces representative

IMF replaces representative

SEOUL (Dow Jones): John Dodsworth, the International Monetary Fund's senior resident representative in South Korea, will transfer to Indonesia in mid-October, the South Korean Ministry of Finance and Economy said Tuesday.

Dodsworth will become the IMF's senior resident representative in Indonesia, replacing Kadhim Al-Eyd, who is retiring, according to the IMF's Jakarta office.

Dodsworth will be succeeded by David Coe, the IMF's assistant director for Africa, the Korean finance ministry said. Coe is scheduled to start his duties in the Seoul office in early November.

Dodsworth has headed the IMF's Seoul office since March 1998, after South Korea requested a record US$58.35 billion bailout from the IMF at the height of the country's currency crisis in late 1997.