Governance
German government names Nagel as new Bundesbank governor
Social Democratic party member is longstanding central banker and voiced scepticism over QE
Turkey’s currency hits new low after further rate cut
CBRT says it is intervening on foreign exchange markets as Erdoğan raises minimum wage
IMF mission to leave Brazil in June
Announcement follows criticism by finance minister of IMF forecasts
ECB’s de Guindos tests positive for Covid-19
Vice-president has “very mild” symptoms and has not been in “close contact” with Christine Lagarde
Guinea junta replaces central bank leadership
Military president removes governor chosen by his civilian predecessor
People: Arce to lead ECB economics directorate
SNB deputy to retire; Vanuatu names new deputy; Glenn Stevens to chair Macquarie; and more
Omarova ends bid for OCC job
Biden nominee faced Republican charges of radicalism and alienated some Democrats
Yemeni governor sacked as crisis worsens
Deputy governor also dismissed in fourth sacking since civil war began
Namibia president appoints governor to full term
Leoni Dunn will become first woman to serve as deputy governor
IMF proposes Gita Gopinath for first deputy MD post
Georgieva hails chief economist’s move amid difficult relations with US administration
Mexican senate approves new governor
Victoria Rodriguez will become first female governor of the Bank of Mexico
Kareem Michael to be new Belize governor
Former deputy governor will be third central bank head this year after predecessor was fired
People: Chilean Senate confirms board member
Plus senior appointments in New Zealand, Sri Lanka, Bangladesh and more
How Turkey’s president created chaos in economic policy-making
Observers allege presidential domination of the central bank, unauthorised FX transactions and untrustworthy statistics
Former Latvian governor must face prosecution, court rules
ECJ says Rimšēvičs does not have official immunity over alleged bribe-taking and money laundering
Central banks’ diversity policies can only go so far – RBA’s Debelle
Policies can only go so far in reducing the inequality gap, Debelle says, while providing update on “reconciliation” plan
IMF mission worried about Mongolian central bank
Bank of Mongolia’s operational independence has been compromised, says fund
Lebanese president orders central bank to comply with audit
Aoun says repercussions from failure to hand over documents would be negative on all levels
Mexican president nominates first female governor
Victoria Rodriguez has been undersecretary of finance in the current administration
Mexican president withdraws nomination of new governor
López Obrador had chosen former finance minister to lead Bank of Mexico from January 1
Protecting international standard-setting despite the resurgence of politics
Andreas Dombret, global senior adviser, and Oliver Wünsch, partner, at Oliver Wyman, describe the importance of international standard-setting amid increasing political interference.
Lebanese governor claims personal audit exonerates him
Judge says court has ordered him to suspend Salameh probe as foreign investigations continue