Brussels, 22/05/2006 (Agence Europe) - The President of the European Central Bank (ECB) Jean-Claude Trichet has been chosen by the International Monetary Fund (IMF) to take part in a group of six senior figures that will provide advice on financing administrative working costs. IMF spokesman Mahsood Ahmed announced last Thursday that the former President of the US Federal Reserve, Alan Greenspan, will also be on this panel. This panel will present recommendations on the different funding options for the IMF administrative budget. The President of the bank JP Morgan Chase International, Andrew Crockett, will chair the work of the experts' group. Other participants will include governors of central banks from South Africa (Tito Mboweni), Mexico (Guillermo Ortiz), China (Zhou Xiaochuan) and South Africa (Hamad al-Sayari). The committee will not be looking at how Member States at the institution can be funded, explained the spokesman.