Knight's term of office at BIS extended

The Board of Directors of the Bank for International Settlements (BIS) announced Monday 7 May that it has extended the term of office of the General Manager, Malcolm Knight, to mid-2009.

Mr Knight assumed his responsibilities as BIS General Manager on 1 April 2003, for a term of five years to end-March 2008. Jean-Pierre Roth, Chairman of the BIS Board, said that, following a request by the Board, Mr Knight agreed to an extension of his term of office until end-June 2009. Mr Knight will reach the

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