Bank of Spain governor appointed to IMF post

The IMF said Wednesday 7 June it has appointed Bank of Spain governor Jaime Caruana as head of a new IMF department that will be responsible for all aspects of the Fund's financial, capital market and monetary work.

Announcing the appointment, IMF managing director Rodrigo Rato said: "Jaime Caruana has had a highly distinguished career spanning more than 30 years in the public and private financial sector in Spain and on the international stage. I believe that with his mix of private, public, and

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