Bank of Canada's Malcolm Knight appointed at BIS

After a four month search the BIS finally announced who would replace Andrew Crockett at the Bank for International Settlements on Monday. The new General Manager will represent the first non-European in the BIS's 73 year history.

Malcolm Knight is currently Senior Deputy Governor at the Bank of Canada and will take up the position at the end of March. His appointment came as something of a surprise, but the secrecy surrounding the search and appointment meant that many names were in the hat a