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FDIC recruits former Fed counsel

Michael Bradfield, a former head of the Federal Reserve's legal team, has been named general counsel of the Federal Deposit Insurance Corporation (FDIC).

Spain's governor feels the heat

Maria Teresa Fernandez de la Vega, deputy head of Spain's Socialist government has criticised the governor of the central bank, Miguel Angel Fernandez Ordonez, for being "alarmist" about the state of financing of the country's pension system.

Czechs name new communications head

Marek Petrus, now head of research at the Prague office of Egon Zehnder, a consultancy, is to take over from Pavlina Bolfova as the Czech National Bank's communications head at the start of next month.

Fed bailout critic Stern to step down

Gary Stern, the president of the Minneapolis Federal Reserve and a vociferous critic of the Fed's recent bailouts, is to retire. He is the longest-serving senior Fed official.

A guide for would-be MPC members

An ability to challenge convention, courage in one's convictions and a thick skin are some of the qualities essential for Monetary Policy Committee members, two external members of the Bank of England's committee have said.

Buba names new communications head

Benedikt Fehr, a journalist for a German daily, is to become the new head of the Bundesbank's communications department after Christian Burckhardt, the former head, died tragically last December.

Morgan Stanley economist new MPC member

Alistair Darling, the chancellor of the exchequer, announced on Thursday that David Miles will replace David Blanchflower as an external member of the Bank of England's Monetary Policy Committee (MPC) on 1 June.

Denmark names new departmental heads

The National Bank of Denmark has chosen Ove Sten Jensen and Ib Hansen as the new heads of departments for its government debt management and in its market operations wings.

Iceland's Oddsson out, Norwegian consultant in

David Oddsson, the beleaguered head of the Central Bank of Iceland, was forced to step down on Friday following the passing of a new central bank act. Svein Harald Oygard, a director at McKinsey, a consultancy, will replace him as interim governor.

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