Governance
Vatican central bank set up to fight financial irregularities
The ‘outlier' bank's most important task will be to manage foreign reserves, but will need radical changes if it is to clean up the Vatican's finances as the Pope wants
Central Bank of Hungary adopts new constitution
The ‘internal constitution' reinforces central bank's ‘extremely broad range of competencies' and stresses cooperation with government to promote growth
Bush adviser appointed to Bank of England MPC
Kristin Forbes second woman to be appointed to the all-male committee of nine in two months; former member cautions over lack of labour economics experience on MPC
Bowles turns down ECB invite to join Supervisory Board
Sharon Bowles, who is stepping down from the European Parliament this month, fears the ECB is eyeing an expansion of its influence through macro-prudential policy
Fijian deputy out, governor could be next
The deputy governor at Fiji’s central bank announces his retirement, while the president hesitates over whether to hand the governor a second term
Newspaper spat puts ‘serious dent in credibility' of Central Bank of Barbados
A spokesperson for the bank declined to comment on claims The Nation has been banned from attending press conferences; newspaper is considering legal action
Paul Collier on central bank leadership, flawed policy and SWFs in Africa
More African central banks are moving towards inflation targeting, but Paul Collier tells Tom Bowker they should not mindlessly follow Western policy and may need to live with volatile inflation.
Sanusi: untainted by oil
Sanusi Lamido Sanusi’s aggressive reform agenda and efforts to defy powerful vested interests in Nigeria have secured a positive legacy despite bringing politics to the central bank.
Amando Tetangco on central bank policy, fund flows and financial inclusion
Central Bank of the Philippines governor tells Christopher Jeffery the country is well prepared for policy changes at major central banks and calls for more research on role of financial inclusion
Paul Volcker on inflation, QE exit and monetary system flaws
Paul Volcker speaks with Robert Pringle about his experiences in defeating inflation, responses to the current financial crisis, QE exit and flawed discipline in the international monetary system.
BoE's new international head among senior appointments expected this month
The Bank of England has three weeks to fill seven senior positions as part of a structural overhaul that goes live on June 1
People: BoK appoints new reserves chief; Fed staffer returns to head up Riksbank research
Chae Sun-Byoung new head of reserve management at Bank of Korea; Jesper Lindé returns to head up Riksbank's research department; Linette Field put in charge of SSM deputy directorate
Bank of Guyana governor dies of cancer
Lawrence Williams, head of the bank since 2005, dies of cancer after long illness; deputy Gobind Ganga to assume governorship, according to reports
Bank of Zambia holds seminar for local journalists
The Bank of Zambia held a three-day seminar for journalists at a holiday resort last week, impressing on them their responsibility to provide accurate information on the economy
State secretary takes over at Kyrgyz central bank
Head of the government’s economics department, Tolkunbek Abdygulov, is appointed acting governor of the National Bank of the Kyrgyz Republic at the age of 37
BoE's Haldane says time is right to review MPC schedule
Bank's head of financial stability and soon-to-be chief economist says his views on financial and regulatory matters ‘aren't going to disappear'
Fed nominees close in on board member jobs
Stanley Fischer on track to become Yellen's number two after he and fellow Reserve board nominees Lael Brainard and Jerome Powell are given the nod by Senate committee
People: Bank of Russia replaces retiring deputy; Subbarao goes to Singapore
Bank of Russia appoints two to replace retiring deputy governor Golubev; former RBI governor takes visiting fellowship at National University of Singapore; and more
Wathra appointed Pakistan governor
Ashraf Mahmood Wathra joined the central bank as a deputy governor last year, and has now been handed a three-year term as governor
Turkey's central bank overhauls strategic plan following turmoil earlier this year
The bank outlines new strategic plan for 2014–18 in view of ‘changed external and economic conditions'; replaces 2011 plan that was scheduled to expire next year
People: Former Sarb deputy takes over state pension fund; Somali governor confirmed
Familiar faces return to Somali, Swedish central banks, while former Sarb deputy and World Bank executive Renosi Mokate takes the reins at South African pension fund
Former BoE staff clash over reserves accounting in Central Banking debate
Central Banking On Air debate panellists Charles Goodhart and Tim Young clash over the relevance of mark-to-market accounting for central bank reserves
Central Bank of Hungary makes ‘criminal complaint’ against board member
Hungary’s central bank has made a ‘criminal complaint’ against one of its own staff members, as well as a media outlet, over allegations about its use of public funds