Refer to the input text as context and select the correct relationship between 'Christine Lagarde' and 'managing director of the International Monetary Fund' from the available options.
Options: brand, stock exchange, distributed by, position held

ATHENS, July 25 The next managing director of the International Monetary Fund is likely to come from outside Europe when current leader Christine Lagarde eventually leaves, the deputy head of the Washington-based fund said in an interview broadcast on Saturday.
position held