People
Yam joins China Investment Corporation
Former HKMA chief executive Joseph Yam appointed to sovereign wealth fund’s international advisory council
ECB draws Hungarian government’s fire over pay dispute
European Central Bank opinion on proposed wage cap at National Bank of Hungary angers government; prime minister plans objection
Bank of Japan appoints first female branch manager
Tokiko Shimizu becomes first woman to head regional branch of central bank
Four former governors join Central Banking’s advisory board
Joseph Yam, Y.V. Reddy, Don Brash and Ludek Niedermayer join Central Banking Publications editorial advisory board
Bangkok names new central bank governor
Thailand’s cabinet selects former Securities and Exchange Commission chief Prasarn Trairatvorakul to take over as central bank head; markets, analysts welcome announcement
Interview: Sanusi Lamido Sanusi
The governor of the Central Bank of Nigeria discusses banking reform, the Volcker rule, and the role of lenders in society
EXCLUSIVE: Nigeria’s Sanusi explains banking sector bloodletting
Nigerian central bank chief Sanusi Lamido Sanusi explains why he had to “decimate” opposition to his sweeping bank reforms; says Volcker rule poses no conflict with the true task of banks
Klaus Regling to head euro bailout vehicle
German economist and former director general Klaus Regling to head European Financial Stability Facility set up to bail out troubled eurozone states
Canada names Goldman banker as governor’s adviser
Goldman Sachs’ Canadian chief executive officer appointed special adviser to the governor
Second UK FSA managing director quits
British regulator announces the second resignation of a top-level official within the month; head of banking supervision Jon Pain says no role for him in new supervisory structure
Canada’s Carney named CGFS chair
Bank of Canada governor Mark Carney to step into Federal Reserve vice-chairman Donald Kohn’s shoes and head Basel-based Committee on the Global Financial System; follows Kohn’s retirement
Czech rate-setter Tomšik promoted to vice governor
Czech National Bank chief executive director Vladimír Tomšik named second vice governor; economist Kamil Janáček gets Tomšik’s vacated director role, completing rate-setting board
Agathe Côté named new Bank of Canada deputy
Bank of Canada adviser Agathe Côté named as replacement to Duguay after deputy governor retires
Hungary’s Simor breaks silence on government attacks
National Bank of Hungary governor András Simor slams repeated attacks of central bank and proposal to interfere with central bankers’ pay; government could force Simor out, analysts think
Naidene Ford-Hoon to head Sarb financial services wing
Accountant Naidene Ford-Hoon replaces Gerrie Terblanche as head of financial services at the South African Reserve Bank
Singer named new Czech National Bank governor
Vice governor Miroslav Singer appointed CNB governor for six-year term
Four candidates vie to head Bank of Thailand
Bangkok set to present finance ministry with shortlist narrowed down from four applicants including deputy governor Bandid Nijathaworn; incumbent Tarisa Watanagase will leave in October
Sri Lanka's Cabraal gets second term
Sri Lankan central bank governor Ajith Nivard Cabraal gets a further six years at the helm; credited with bringing inflation back under control
CNB deputy Singer favourite to succeed Tůma as governor
Czech National Bank vice governor Miroslav Singer will take over from Zdeněk Tůma when he resigns as governor in June, say commentators
PBoC’s Du promoted to deputy governor: reports
People’s Bank of China has promoted assistant governor Du Jinfu to deputy, according to news reports; Du replaces Su Ning, who is past official retirement age
Former Bank chief economist to chair new banking commission
Sir John Vickers named head of Independent Commission on Banking that will decide the future of British lenders
Sarb’s Mokate to exit after not securing new contract
South African Reserve Bank deputy governor Renosi Mokate to leave central bank after her five-year term expires
Carlos Costa replaces Constâncio at head of Bank of Portugal
Former EIB vice president Carlos Costa is sworn in as governor after Vitor Constâncio takes ECB deputy spot
Buba’s Sarrazin renews racism controversy
Bundesbank executive board member Thilo Sarrazin says Germany is getting “dumber” because of Turkish, Middle Eastern and African immigrants; comments follow similar remarks last year and intensify calls for his removal