Li Bo is set to step down as IMF Deputy Managing Director, having played a pioneering role in stablecoin regulation.

October 30 - According to Caixin, IMF Managing Director Kristalina Georgieva announced that IMF Deputy Managing Director Li Bo will conclude his term on November 30, 2026, and proposed that Chinese Vice Minister of Finance Liao Min succeed him, with the appointment effective December 1, 2026. Over the past five years, Li Bo led the launch of the IMF's first enterprise risk management policy and roadmap, and promoted the modernization of the data governance framework.

In addition, Li Bo also guided the IMF's work in digital currency and cross-border payments, and played a pioneering role in stablecoin regulation; in recent years, he has also led work in the field of artificial intelligence (AI).