The Bank for International Settlements, owned by the world's leading central banks, has appointed Roger Ferguson as chairman of its committee on the global financial system. The CGFS is a central bank forum for monitoring and examining issues relating to financial markets and systems with a view to making policy recommendations.
Ferguson, who is vice-chairman of the board of governors of the US federal reserve system, is appointed for a three-year term starting on 11 March. He succeeds Yutaka
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