Mark Carney replaces Dodge at the Bank of Canada

Mark Carney, the senior associate deputy minister of finance and a former head of Goldman Sachs in Canada, will become the youngest central bank chief in the G7 when he takes over from David Dodge as Bank of Canada governor in February 2008.

Carney, who is 42, was very much an outsider for the top job up until recently when his role in handling the impact of the recent turmoil gave him a marked advantage over his rivals.

Paul Jenkins, the senior deputy bank governor at the central bank, was p

To continue reading...