Montek among probables for next IMF chief

Top Indian policy planner Montek Singh Ahluwalia figures among the probables to succeed Dominique Strauss-Kahn as the next chief of International Monetary Fund, a report has said.

Noting that the clout and role of the international lender has increased substantially in the emerging markets, US daily New York Times reported that someone from the developing world was likely to succeed IMF Managing Director Dominique Strauss-Kahn.

Naming Ahluwalia, Deputy Chairman of India's premier policy planner -- Planning Commission -- among the probable successors to Kahn, the report said that IMF's incumbent chief might run for the French presidency in 2012.

"Whatever he (Kahn) decides, his successor is likely to be someone from the developing world.