Quarles set to take over as FSB chair
Klaas Knot expected to be appointed vice-chair with a view to taking top job down the line
Federal Reserve vice-chair Randal Quarles is set to take over as chair of the Financial Stability Board, it has emerged.
Long rumoured to be a frontrunner for the role, Quarles looks set to be granted the position for a three-year term, with an announcement due shortly, according to people with knowledge of the matter, quoted by Reuters.
Netherlands Bank president Klaas Knot, who was also thought to be in contention for the role, appears likely to be appointed to the vice-chair position, with
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com