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Governance

Kenya names new head of central bank

Economics professor and think-tank director Njuguna Ndung'u was named as the new head of the Central Bank of Kenya on Thursday 1 March to replace the former governor who was suspended.

BoE announces retirement of Alastair Clark

Alastair Clark, adviser to the governor of the Bank of England on financial sector issues, is to retire from the Bank of England at Easter after nearly 36 years' service, the bank said Monday 26 February.

New China investment chief to be named

China is set to name a new head of the investment arm of the central bank, as it prepares to open a new agency to help manage the country's foreign currency reserves of more than $1 trillion, Reuters reported from Shanghai on Monday 26 February.

BoC's Jenkins on the Bank of Canada Act

In a speech given on 20 February Paul Jenkins of the Bank of Canada said in terms of openness and transparency, in many ways, the importance of these issues goes to the heart of our main responsibility: the conduct of monetary policy.

China's new reserve strategy

Hui Feng goes behind the scenes in Bijing to report on the new guidelines governing the management of the world's first trillion dollar pile of official reserves

Brazil's fin min says central bank chief staying

Brazil's central bank president Henrique Meirelles will remain in the job even though he has been criticised by some members of the government for his conservative stance, finance minister Guido Mantega told reporters on Wednesday 7 February.

Bank of Italy shuffles management

Mario Draghi, the governor of the Bank of Italy, has begun reshuffling his management team ahead of a meeting with unions this week, La Stampa reported Friday 3 February.

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