Dugan to replace Witteveen at joint forum

John Dugan, the comptroller of the currency in the US, will head the Joint Forum, a group of senior financial sector regulators, following the death of Dirk Witteveen, an executive director at the Netherlands Bank, earlier this month.

Dugan, whose appointment takes effect immediately, said: "Issues that cut across financial sectors are becoming increasingly important to all financial regulators, and the Joint Forum's work in this area has contributed greatly to international financial stabili