"I am certainly open to the fact that it could not be my last annual meeting," Lagarde said.
"I have served; done my best. I'm prepared to serve, but it's not my call," she told reporters on Thursday attending the IMF's annual meeting in Peru.
The former French finance minister's current five-year term expires next July.
Lagarde's comments also came as she released an ambitious global policy agenda that called for a number of reforms at the fund, including a review of the format and duration of IMF rescue programs. The reform agenda indicated that she was thinking beyond next July and to some substantial reforms, according to the report.
Prior to her appointment as the IMF Managing Director, Lagarde was serving as the Minister of Economy and Finance of France. Christine Lagarde was named the first female head of the International Monetary Fund on June 28, 2011. She won the job over Mexican central bank governor Agustin Carstens after gaining a reputation as a skilled negotiator during the financial crisis within both the Group of 20 and the European Union.
The previous IMF Director Dominique Strauss-Kahn resigned after being involved in a criminal case relating to allegations of sexual assault.
