Governance
ECB hiring may not be enough to cope with workload, says Ipso chief
Union head says European Central Bank’s plan to recruit 40 additional staff to help cope with increased workload is unlikely to be sufficient
Denmark names new governor
ATP pension fund head Lars Rohde named as new governor of the National Bank of Denmark
BoE counters concerns raised in Fixing Libor report
The Bank of England says new laws and processes will give the central bank greater regulatory powers in the future to deal with episodes similar to Libor
NBS management weakens as fourth council member quits
Kosta Josifidis resigns from the National Bank of Serbia’s Council of the Governor leaving just one member remaining; doubts continue over central bank’s future as politicisation fears mount
CLS hires JP Morgan veteran as chief executive
David Puth, the former chair of the New York Fed's FX Committee, will become the next chief executive of CLS next week
Nigerian bank responds to central bank call for more female leadership
United Bank for Africa appoints two female board members; follows push from financial sector leadership to increase number of women in senior roles in the industry
UK moves to address Libor debacle
Martin Wheatley presses ahead with UK government investigation into Libor manipulation; may replace the interest rate benchmark
Central Bank of Brazil staff strike over pay
Central bankers join widespread Brazilian public sector strike in run up to passage of government budget; lower-level employees walked out with no impact on functioning
Indian government appoints new RBI director
Arvind Mayaram appointed as new member of Reserve Bank of India’s central board of directors; becomes one of two government representatives on the board
Governor of Bank of Ghana becomes vice-president
Kwesi Bekoe Amissah-Arthur sworn in as deputy to president John Dramani Mahama; no news on replacement at the helm of the central bank
Senior official exodus continues at National Bank of Serbia
Chairmen and two members of the National Bank of Serbia’s Council of the Governor resign in protest at amendments to central bank law; parliament appoints Jorgovanka Tabakovic governor
Serbian vice-governor resigns as amended central bank law passed
Bojan Marković follows Dejan Šoškić and quits central bank; amendments to central bank law passed despite opposition from IMF, European Commission and World Bank
Serbian governor quits as government faces pressure over new law
Dejan Šoškić resigns as governor of the National Bank of Serbia; IMF and European Commission blast government plans to amend central bank law
Ghana central bank governor nominated as vice-president
Kwesi Amissah-Arthur is put forward by current president of Ghana to become vice-president; choice of current central bank head could call institution’s independence into question
Swiss National Bank posts profit in first half of year
Latest figures show central bank made a profit in first half of the year; majority of gains come from holdings of foreign currency purchased to maintain minimum exchange rate against euro
Bank of Mauritius governor calls for prosecution of failed bank leadership
Rundheersing Bheenick argues banks need to be held accountable for their actions; says individuals responsible for bank failure should be prosecuted
Bank of Japan nominates new stand-in chairman
Ryuzo Miyao designated to take on role of chairman if governor and both deputies are ‘prevented from attending to their duties’; replaces Seiji Nakamura, who left the central bank in April
Questions raised over new Central Bank of Tunisia governor
Chedly Ayari replaces Mustapha Kamel Nabli as central bank governor; fears surface over his suitability for the role due to age and connections to former government
Bank of Italy ends twinning programme with Bank of Albania
Guidance project between Italian, French and Albanian central banks comes to an end; final results due in October 2012
Robert Pringle’s Viewpoint: The next governor of the Bank
British bank scandals have dramatically reduced the likelihood of a commercial banker taking over from Mervyn King as governor of the Bank of England. But there are still plenty of other candidates
ECB governing council approves T2S board members
Board includes members from several eurozone central banks; chairman of temporary board in place during development phase reappointed to take the project forward