Christine Lagarde Fast FactsBy CNN LibraryUpdated 8:58 AM ET, Sun August 31, 2014 LONDON, ENGLAND - MAY 22: Christine Lagarde, the Managing Director of the International Monetary Fund, addresses a press conference in the Treasury on May 22, 2012 in London, England. A report on the IMF's annual assessment of the UK economy has recommended that the Treasury consider measures to improve its current economic weakness such as Quantitative Easing and cutting interest rates. (Photo by Oli Scarff - WPA Pool /Getty Images) Here's a look at the life of Christine Lagarde, Managing Director of the International Monetary Fund.Personal:Birth date: January 1, 1956Birth place: Paris, FranceBirth name: Christine Madeleine Odette LallouetteFather: Robert Lallouette, a professor of English literatureMother: Nicole Lallouette, a professor of French, Latin and ancient GreekMarriages: Wilfried Lagarde (1982-1992, divorced); Eachran Gilmour (divorced) Children: with Lagarde: Thomas 1988; Pierre-Henri 1986Education: University Paris X Nanterre, law degree; Political Science Institute in Aix en Provence, master's degreeOther Facts:Is an accomplished synchronized swimmer, earning a spot on the French national team while in her teens.Speaks French, English and Spanish.Is the first woman chairman at the world's largest law firm, Baker & McKenzie.Timeline:1981-2005 - Associate and later partner in the Paris office of the international law firm Baker & McKenzie.1999-2005 - Chairman at Baker & McKenzie.July 2000 - Is appointed Knight of the Legion of Honour.June 2, 2005-May 15, 2007 - Minister of Foreign Trade.May 18-June 18, 2007 - Minister of Agriculture, Agribusiness and Forestry.June 19, 2007-June 28, 2011 - Is the first woman to serve as the Minister of Finance, Economy and Trade in France.June 28, 2011 - Is appointed as IMF Managing Director and Madame Chairman of the Executive Board, replacing Dominique Strauss-Kahn.July 5, 2011 - Begins her five-year term as managing director of the IMF. The IMF discloses that Lagarde will receive a salary of $467,940 per annum after taxes and an annual allowance of $83,760 for living expenses. March 20, 2013 - Lagarde's Paris home is searched as part of an investigation into her role in settling a business dispute while she was France's finance minister.August 27, 2014 - Lagarde releases a statement announcing that she has been placed under formal investigation in France for her alleged involvement in a long-running fraud case that stems from 2008 when she was finance minister under former French President Nicolas Sarkozy. Prosecutors believe that Lagarde was negligent in dealing with a case in which a supporter of Sarkozy -- Bernard Tapie -- was awarded a settlement worth 285 million euros plus interest. Prosecutors believe Lagarde gave Tapie preferential treatment.More from worldRope snaps in attempt to raise AirAsia fuselage Dancing for the doctor who ordered her parents' deathDancing for "The Angel of Death'