Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF) issued the following statement today after the news of the death of Nelson Mandela, former President of South Africa:

"I am deeply saddened by the passing of Nelson Mandela and extend our condolences to his family and to the people of South Africa whose lives and destiny he transformed through his service to his country.

“Nelson Mandela was a courageous and visionary leader who enabled his country to confront its past and inspired its people to address an extraordinary set of challenges. He was a man who brought deep principles, skillful diplomacy and quiet dignity to the task of national reconciliation and nation building. His modesty in the face of greatness will always be remembered and, moreover, will continue to inspire us all.

“The extraordinary global reach of Nelson Mandela’s admirers is testimony to his profound contribution to making South Africa and the world a better place.”