BIS Press Release

PRESS RELEASE - Following a proposal by Nout Wellink, Chairman of the Board of Directors and President of the Bank for International Settlements (BIS), the Board of Directors on 13 January appointed Malcolm D Knight as the Bank's new General Manager.

Mr Knight is currently Senior Deputy Governor of the Bank of Canada. He joined the Bank of Canada in 1999 after 24 years at the IMF, where he had been a Deputy Director since 1993. At the BIS, he takes over on 1 April 2003 from Andrew Crockett, wh