Mr. David Lipton assumed the position of First Deputy Managing Director of the International Monetary Fund on September 1, 2011. On March 28, 2016, Mr. Lipton was reappointed for a second five-year term beginning September 1, 2016. Before joining the Fund, he was Special Assistant to the President, and served as Senior Director for International Economic Affairs at the National Economic Council and National Security Council at the White House. Previously, Mr. Lipton was a Managing Director at Citi. Prior to joining Citi in May 2005, he was at Moore Capital Management for five years and, before that he spent a year at the Carnegie Endowment for International Peace. Mr. Lipton served in the Clinton administration at the Treasury Department from 1993 to 1998, including as Assistant Secretary and Under Secretary of the Treasury for International Affairs. Before that, he was a fellow at the Woodrow Wilson Center of Scholars. From 1989 to 1992, he worked as economic adviser to the governments of Russia, Poland and Slovenia. Mr. Lipton began his career with eight years on the IMF staff. He has a Ph.D. and M.A. from Harvard University in 1982 and a B.A. from Wesleyan University in 1975.