Governance
Philadelphia Fed president Charles Plosser to retire
Vocal critic of unconventional monetary policies to leave FOMC in March 2015; Yellen says she will miss ‘keen insights, deep analysis and good humour'
Julio Suárez appointed next Bank of Guatemala president
Vice-president has been appointed to lead the central bank by the Guatemalan government, and will take office on October 1
People: BoE legal adviser to retire in April 2015; Banque de France appoints new deputy director
BoE loses chief legal adviser next year; Banque de France promotes its director of risk operations; Czech National Bank names new deputy director; and more
Sarb governor Gill Marcus to step down
Governor of South African Reserve Bank will leave when her term expires in November; move came as a surprise to many market watchers
ECB releases rotation schedule for voting governors
New voting rotation system sees Spanish, Irish, Greek and Estonian governors sit out first decision in January; ECB allots €82.6 billion to 255 banks in first targeted LTRO
Peru governor says Fed ‘normalisation’ will help reverse domestic slowdown
Central Bank of Peru governor Jose Velarde says Fed has ‘probably not’ done enough to limit international spill-over, but growth in the US will partially offset a slowdown in China
Brazil’s central bank staff complete second day of strike
‘Technical’ workers are seeking greater recognition as more roles are taken by ‘analysts’ that earn higher salaries; central bank says protests have not affected its core activities
Prosecutors drop investigation into controversial comments by National Bank of Poland governor
Marek Belka did not break the law when calling for finance minister's removal in leaked recording
The viability of a commercial approach to central bank communication
Will the prevailing trend for central bank communications to mimic those of commercial entities and political parties stand the test of time?
Bank of Portugal appoints new CEO to Novo Banco
Bank of Portugal appoints Lloyds director Eduardo Stock da Cunha as the new CEO of Novo Banco, the good bank that resulted from the intervention in BES
Central Bank of Libya governor reportedly deposed
Saddek Elkaber is replaced in 94–8 parliamentary 'vote' amid ‘controversy over financial transfers', reports state news agency; deputy Ali Elhebri assumes governorship on temporary basis
Portuguese central bank reshuffles board responsibilities
The appointment of two new board members sees vice-governor Pedro Duarte Neves lose responsibility for prudential supervision in the wake of the central bank’s intervention in BES
Bank of Albania board calls for governor to be sacked
Supervisory council gives ‘full support' to first deputy following arrest of governor Ardian Fullani, believed to be linked to central bank vault theft uncovered in July
Jean-Pierre Danthine will retire from SNB in June
Swiss National Bank vice-chairman will retire in June 2015; the nomination committee is already on the hunt for a replacement
ECB appoints supervisory heavyweights to new review board
Governing council appoints five members to board, tasked with conducting reviews into ECB’s supervisory actions, including former central bankers from France, Germany, Italy and Spain
People: Bundesbank names head of research centre; Kyrgyz sheds two advisers
Bundesbank poaches Emanuel Mönch from New York Fed; Kyrgyz central bank loses two advisers to chairman; HKMA executive director set to move to IMF
Sri Lankan central bank names four assistant governors
The appointees include the head of the central banks’ secretariat and the directors of the central bank’s international operations and centre for banking studies
CPSS renamed the Committee on Payments and Market Infrastructures
Renamed body, the CPMI, handed an updated mandate to reflect ‘actual activites’; will press on with core tasks, says chair Benoît Coeuré
HKMA executive director joins IMF's monetary and capital markets department
Dong He, HKMA head of research, new second-in-command at IMF division in charge of monitoring central banks and preparing Fund's Global financial stability report
Nurbek Jenish named Kyrgyz deputy
National Bank of the Kyrgyz Republic appoints Nurbek Jenish, an academic with experience at the World Bank and Asian Development Bank, as third deputy chairman
Australian payments council established with support of central bank
New payments council features members from 14 organisations across the payments industry – including the central bank – and was set up on basis of RBA recommendations
Bosnia's central bank opens new premises in Banja Luka
Main Serbian branch of Bosnia's central bank moves to new purpose-built premises, as its old building provided ‘inadequate' conditions for its 43 staff