People

Fed's Mishkin to step down

Frederic Mishkin, a member of the Board of Governor of the Federal Reserve, will leave the central bank at the end of August to return to academic life.

Lord Turner new FSA chairman

Alistair Darling, the British chancellor of the exchequer, has announced the appointment of Lord Adair Turner as chairman of the Financial Services Authority for a period of 5 years.

Fund confirms Blanchard appointment

Amidst the departure of several high-ranking staff, the International Monetary Fund has announced the appointment of Olivier Blanchard, the highly respected professor from the Massachusetts Institute of Technology (MIT), as its new chief economist and…

Is Iran's Mazaheri to be replaced?

Sections of the Iranian media have reported that Tahmasb Mazaheri, the governor of the country's central bank, is to be replaced less than nine months after taking the top job.

Swiss Re's Raaflaub to head new regulator

Patrick Raaflaub, the head of group capital management at Swiss Re, a reinsurance company, will direct Switzerland's new super regulator the Financial Market Supervisory Authority (FINMA).

I was forced out: ex-Nigerian deputy

Wahia Mshelia, a former deputy governor at the Central Bank of Nigeria, has alleged that she was forced to quit after falling out with Charles Soludo, the institution's governor, local media reported on Wednesday. Soludo has denied the claims.

Two new vice presidents for Chicago Fed

Carl Tannenbaum, the former chief economist at LaSalle Bank, has joined the Chicago Federal Reserve as vice president. The central bank has also promoted Steve Durfey, the assistant vice president responsible for the supervision and regulation department…

MIT's Blanchard to become IMF chief economist?

Olivier Blanchard, an economics professor at the Massachusetts Institute of Technology (MIT), will be the next chief economist at the International Monetary Fund (IMF) a leading German weekly has reported.

EBRD appoints Mirow as chief

Thomas Mirow, the state secretary of the German Finance Ministry, will replace Jean Lemierre as head of the European Bank for Reconstruction and Development, the development bank for most of Central and Eastern Europe.

Turkey appoints new deputy

Mustafa Ibrahim Turhan, a board member of the Central Bank of Turkey, will become one of four of the institution's deputies.

Austria names new governor

Ewald Nowotny, a former chief executive of BAWAG, an Austrian Bank, is to replace Klaus Liebscher, at the helm of the country's central bank.

Fund directors lead exodus

The International Monetary Fund has conducted the first in a series of directorial reshuffles after six senior managers opted for voluntary redundancy.

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