Governance
MAS shakes up senior management
MAS reshuffles leadership, appointing Ho Hern Shin as new deputy managing director of financial supervision
Bundesbank retains profits to build up risk provisions
Weidmann says risk provisioning is “first step” due to increased exposure on policy portfolio
Bolivian central bank fires officials amid political dispute
Former governor says dismissals are likely to be influenced by change of government
Ecuadorian politicians clash over central bank independence
IMF backs law to make central bank independent, but leftwing candidate condemns measure
UK’s FCA appoints five women to senior roles
Regulator appoints chief operations and data officers, executive directors and market oversight chief
NY Fed names new first VP
Naureen Hassan joins NY Fed; Philippines and Chile appoint new officials
SNB profit drops by nearly 60%
Swiss central bank records much smaller profits on foreign currency positions
Bank of Canada unveils new diversity strategy
“No place for racism in the Bank of Canada,” says Macklem
Bank of Italy names Signorini to second most senior role
Long-time official is promoted to general manager after Daniele Franco becomes finance minister
Sudanese central bank changes currency regime
Central bank cuts official exchange rate sharply after years of major over-valuation
People: Former Bank of Tanzania governor dies
Fed appoints chief innovation officer; World Bank names new head of International Finance Corporation; and more
Zimbabwe’s government replaces central bank MPC
Finance minister changes entire MPC as academic observer dismisses inflation target as “fantasy”
Carney takes job on Stripe board
Former BoE governor adds role at fintech firm to growing portfolio of positions
Ugandan governor given fifth term following national election
Uncertainty surrounds timing of Mutebile’s return to office, as deputy steps in at latest MPC meeting
Singaporean government names new SWF head
Chief of Temasek’s investment arm to take top role as Ho prepares to end nearly 18 years in charge
ECB profit falls by 30% in 2020
Decrease is mainly due to lower Treasury yields reducing income on dollar portfolio
People: IMF finance department director to retire
Third new board member at Colombia central bank; Nigeria appoints deposit insurance head; and more
Riksbank proposes larger transfer to Swedish Treasury
Central bank would provide Skr6.8 billion to the government in 2021
People: BoE’s executive director to leave
Alex Brazier to leave BoE in September; ECB looks for senior climate official
Brazilian congress passes central bank autonomy law
Law gives CBB autonomy and sets renewable four-year terms for governor and MPC members
Myanmar deputy governor held by military
Wife says Bo Bo Nge’s whereabouts are still unknown; central bank staff join anti-coup protests