BIS Press Release

PRESS RELEASE - Roger W Ferguson Jr appointed Chairman of the Committee on the Global Financial System, 23 January.

At their meeting in Basel this month, the Governors of the central banks of the Group of Ten countries1 appointed Roger W Ferguson Jr as Chairman of the Committee on the Global Financial System (CGFS). Mr Ferguson is Vice Chairman of the Board of Governors of the Federal Reserve System.

Mr Ferguson's appointment is for a term of three years starting on 11 March 2003. He succeeds Y