By Gerry Mullany

Dominique Strauss-Kahn during his arraignment in New York on Monday.

Dominique Strauss-Kahn resigned Wednesday as head of the International Monetary Fund after explosive accusations that he had sexually attacked a housekeeper in a Midtown Manhattan hotel room.

“It is with infinite sadness that I feel compelled today to present to the Executive Board my resignation from my post of managing director of the I.M.F.,” he said in a statement issued Wednesday, shortly after midnight, by the I.M.F. “I think at this time first of my wife — whom I love more than anything — of my children, of my family, of my friends.”

His resignation comes four days after Mr. Strauss-Kahn was taken off an Air France plane at Kennedy International Airport and arrested in connection with the accusations, and a day after Timothy F. Geithner, the Treasury secretary, called for his resignation.

Mr. Strauss-Kahn, a former French finance minister, had been expected to declare his candidacy for the French presidency soon. He was seen as one of the people figure most likely to oust President Nicolas Sarkozy.

In issuing his resignation Wednesday, Mr. Strauss-Kahn said, “I want to say that I deny with the greatest possible firmness all of the allegations that have been made against me.”

News of the arrest produced an earthquake of shock, outrage, disbelief and embarrassment throughout France. Read more…

Read Strauss-Kahn’s resignation letter

Want to learn more about who might succeed him? Click here.

As published in www.nytimes.com on May 19, 2011 (a version of this article appeared in print on May 19, 2011, on page A1 of the New York edition with the headline: I.M.F. Chief Quits after his Arrest in Sexual Attack).


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