Disgraced former IMF boss Dominique Strauss-Kahn set to become bank chairman
Dominique Strauss-Kahn, the disgraced former head of the International Monetary Fund, is set to become chairman of an investment bank. Strauss-Kahn, 64, who quit the IMF under a cloud in May 2011, will help develop the investment-banking franchise of Luxembourg-based Anatevka, its current chairman, Thierry Leyne, said.
Dominique Strauss-Kahn, the disgraced former head of the International Monetary Fund, is set to become chairman of an investment bank.
Strauss-Kahn, 64, who quit the IMF under a cloud in May 2011, will help develop the investment-banking franchise of Luxembourg-based Anatevka, its current chairman, Thierry Leyne, said.
Anatevka, which went public in March in Paris, will be renamed Leyne, Strauss-Kahn & Partners, Compagnie Financiere, or "LSK", according to a company statement.
Strauss-Kahn "is going to subscribe to a capital increase and he will hold 20 per cent of the capital", Leyne said.
The move is part of efforts Strauss-Kahn, or DSK as he is known in France, has been making to rebuild his post-IMF life after he was charged in 2011 with criminal sex, attempted rape, sexual abuse, unlawful imprisonment and forcibly touching a chambermaid at a Sofitel hotel in Manhattan.
Strauss-Kahn denied the charges, which were later dropped, and he settled the maid's lawsuit last year.
