Governance
Namibia president appoints governor to full term
Leoni Dunn will become first woman to serve as deputy governor
IMF proposes Gita Gopinath for first deputy MD post
Georgieva hails chief economist’s move amid difficult relations with US administration
Mexican senate approves new governor
Victoria Rodriguez will become first female governor of the Bank of Mexico
Kareem Michael to be new Belize governor
Former deputy governor will be third central bank head this year after predecessor was fired
People: Chilean Senate confirms board member
Plus senior appointments in New Zealand, Sri Lanka, Bangladesh and more
How Turkey’s president created chaos in economic policy-making
Observers allege presidential domination of the central bank, unauthorised FX transactions and untrustworthy statistics
Former Latvian governor must face prosecution, court rules
ECJ says Rimšēvičs does not have official immunity over alleged bribe-taking and money laundering
Central banks’ diversity policies can only go so far – RBA’s Debelle
Policies can only go so far in reducing the inequality gap, Debelle says, while providing update on “reconciliation” plan
IMF mission worried about Mongolian central bank
Bank of Mongolia’s operational independence has been compromised, says fund
Lebanese president orders central bank to comply with audit
Aoun says repercussions from failure to hand over documents would be negative on all levels
Mexican president nominates first female governor
Victoria Rodriguez has been undersecretary of finance in the current administration
Mexican president withdraws nomination of new governor
López Obrador had chosen former finance minister to lead Bank of Mexico from January 1
Protecting international standard-setting despite the resurgence of politics
Andreas Dombret, global senior adviser, and Oliver Wünsch, partner, at Oliver Wyman, describe the importance of international standard-setting amid increasing political interference.
Lebanese governor claims personal audit exonerates him
Judge says court has ordered him to suspend Salameh probe as foreign investigations continue
Biden re-nominates Powell as Fed chair
Lael Brainard nominated as vice-chair, to take over from Richard Clarida
People: Knot to assume FSB chairmanship
New board members appointed at central banks in Brazil and Peru
People: RBNZ chief economist to leave after 25 years
ECB appoints lead for digital euro project and new director for banknote department
ESG for central banking focus report 2021
The report flags challenges for central banks themselves – as guardians of the financial system, they have a duty to lead by example. But the lack of liquidity within ESG-compliant assets is proving a problem for many
Should ESG reporting be made mandatory?
As concern around the impact of climate change on businesses grows, many regulators have announced their intentions to include ESG requirements in reporting frameworks
How to #GreentheCBs
Invesco‘s Claudia Castro and Wim Vandenhoeck explore how central banks can strike a balance between innovation and disruption with their sustainability agendas.
Reforming FX reserve and macroeconomic management for ESG
Arnab Das, global market strategist, Europe, the Middle East and Africa, at Invesco explores why central banks must play a role in ESG risk mitigation, management and prevention, as they are expected to during wars, pandemics and other major shocks.
Finding room for ESG
Central Banking speaks to four policy-makers for their thoughts on ESG principles, their respective institutions’ approaches, potential restrictions and an update on integration.