People
Lesotho appoints governance trio
Central Bank of Lesotho announces appointment of new governor and two deputy governors
Malawi awaits new deputy governors
President Bingu wa Mutharika yet to appoint candidates for two vacant deputy governor positions at Reserve Bank of Malawi; means empty seats in monetary policy committee meetings
New appointments for two Basel-based committees
Agustín Carstens, governor of the Bank of Mexico, and William Dudley, president of the Federal Reserve Bank of New York, take on positions on international committees
Hildebrand succumbs to pressure and resigns
Governor of the Swiss National Bank steps down; mounting political pressure follows uproar over wife’s currency trading activities
Central Bank Directory highlights rise in female central bank governors
Four new female governors takes worldwide total to 12; Central Bank Directory also notes 4.1% increase in central bank staff in European Union
Praet named ECB’s de facto chief economist
European Central Bank executive board member Peter Praet will take over economics responsibilities at central bank
Banque de France to slash personnel numbers
Banque de France to replace only 50% of retirees in attempt to lower staff numbers; 2,500 posts to be lost by 2020
Zambian parliament ratifies new governor
Zambian politicians agree on candidate to take over the role of governor of the central bank; Michael Gondwe fills void at top of the institution
Obama nominates two new members to Fed board
Former undersecretary of the Treasury Jerome Powell and Harvard economist Jeremy Stein put forward to fill vacant seats on Federal Reserve Board of Governors; need Senate backing
Riksbank appoints new head of general secretariat
Former head of Riksbank’s monetary policy department Anders Vredin replaces Kai Barvèll as head of general secretariat
Bank of Italy selects Rossi to join governing board
Bank of Italy names secretary-general Salvatore Rossi as deputy director-general, filling seat left open by governor Ignazio Visco on central bank board
South Africa announces new deputy governor
Francois Groepe selected by president Zuma to be the new deputy governor of the South African Reserve Bank
Sri Lanka appoints four new assistant governors
Monetary board selects assistant governors for key departments; aims to ease succession challenges
Bank of Canada appoints new special adviser for Carney
Evan Siddall to become senior representative for financial markets at the Toronto regional office; will also sit on Monetary Policy Review and Financial System Review committees
New director for IMF Institute
Christine Lagarde announces Sharmini Coorey as new head of the IMF’s economic management training body; also reveals new directors of the external relations and human resources departments
Saudi Arabian reshuffle sees new governor appointed
Muhammad al-Jasser moved to government post; Fahd bin Abdullah al-Mubarak takes over as governor of the Saudi Arabian Monetary Agency
European Parliament to vote on Cœuré’s future at ECB
Economic and Monetary Affairs Committee recommends Benoît Cœuré for ECB executive board; plenary European Parliament vote to happen on Wednesday
New governor selected in Chile
Sebastián Piñera, the president of Chile chooses Rodrigo Vergara Montes to lead the Central Bank of Chile; Montes takes over role before final Senate approval
Promotions and reappointments at the Chicago Fed
Federal Reserve Bank of Chicago announces new deputy chairman, reappointments of board chairman, two directors and Federal Advisory Council representative; also promotions in three internal groups
Cœuré progresses towards ECB executive board membership
ECB Governing Council adopts Council of the European Union opinion and supports Benoît Cœuré to become a member of the executive board
Kamin confirmed as permanent replacement for Sheets at Fed
Steven Kamin is made permanent director of the Division of International Finance at the Federal Reserve Board; has been acting head since Nathan Sheets resigned in August
Czech prime minister wary of central bank losing independence
Petr Nečas does not want selection method of top central bank officials to change; warns Senate-agreed choices could lead to the politicising of the board
Namibian deputy governor turns down third term
Bank of Namibia deputy governor Paul Hartmann to be replaced by director of research Ebson Uanguta; governor Ipumbu Shiimi confirmed for a full five-year term
Fed promotes directors on district boards
Federal Reserve announces string of changes to chair and deputy chair of regional Fed board of directors for 2012